Articleship Assistant
Articleship Assistant Interview Questions and Answers
Updated 27 Jul 2024
Q1. What is stock turnover
Ans.
Stock turnover is a financial ratio that measures how many times a company's inventory is sold and replaced over a period of time.
Stock turnover is calculated by dividing the cost of goods sold by the average inventory for a specific period.
A high stock turnover ratio indicates efficient inventory management, while a low ratio may suggest overstocking or slow sales.
For example, if a company has a cost of goods sold of $1,000,000 and an average inventory of $200,000, the stock...read more
Articleship Assistant Jobs
Articleship Assistant • 0-3 years
A R B R & Co. LLP ( CA FIRM)
•
4.9
₹ 1 L/yr - ₹ 2 L/yr
Goregaon
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