calculate stock turnover ratethe total average


Calculate Stock turnover rate

The total average number of times each year which stocks is "turned over" in the terms and course of trading activity. Stock turnover rate is calculated by dividing the cost of sales or sales by the average or closing stocks.

 

Request for Solution File

Ask an Expert for Answer!!
Financial Accounting: calculate stock turnover ratethe total average
Reference No:- TGS0157122

Expected delivery within 24 Hours