Related Questions

Assume that
M = opening stock, N = Purchases, O = Closing stock, P = Cost of goods sold.
Then correct equation will be
In case the opening stock was Rs. 5,000, purchases Rs. 15,000 direct expenses Rs. 2,000 and closing stock Rs. 2,500, the cost of goods sold had been:
If opening stock is Rs. 10,000, purchases Rs. 30,000 direct expenses Rs. 4,000 and closing stock Rs. 5,000, the cost of goods sold would be:
What is the amount of purchases, when:
Opening stock is = Rs. 10,000
Closing stock is = Rs. 8,000
Sales is = Rs. 1,10,000
Cost of goods sold is = Rs. 80,000
If the cost of goods sold is Rs. 1,00,000, the value of opening stock is Rs. 20,000 and closing stock is Rs. 80,000, then the stock turnover ratio will be:
Closing stock Rs. 53,400, cost of good sold Rs. 75,000 gross profit Rs. 5,000, purchases Rs. 82,000. Value of opening stock will be
If the average stock of a firm is Rs. 40,000 and its opening stock is Rs. 5,000 less than the closing stock, what would be the value of Opening Stock?
Given:
Stock turnover 6 times
Total Sales Rs. 3,00,000
Gross profit Ratio 20%
Closing stock is Rs. 4,000 more than the opening stock. The opening stock will be:
Opening stock Rs. 80,000, closing stock Rs. 1,00,000, cost of goods sold Rs. 3,60,000. Hence stock turnover is
What is the stock turnover ratio when the opening stock is Rs. 50,000; closing stock is Rs. 60,000 and; and the cost of goods sold is Rs. 2,20,000?