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Following information are available from two companies of same Industry. (05 Marks) Metro Particulars Purchase Inc. 5 12 00 000 900 000 Stock as on
Following information are available from two companies of same Industry. (05 Marks) Metro Particulars Purchase Inc. 5 12 00 000 900 000 Stock as on 31" March 2015 Stock as on 15 April 2016 Sales 4 50 000 1 50 000 18 00 000 3 30 000 4 30 000 18 00 000 1. Calculate stock tumover ratio of both. 2. Average number of days of stock turnover 3. Comment upon result of stock tumover ratio and days of both. 1 Add file
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