Re: ::: vuaskari.com ::: MGT603 Query

On Tue, Apr 26, 2011 at 5:28 PM, Anam <naazaslam0@gmail.com> wrote:

4th option is right or not???????

The MM equipment firm's financial statements reveal that its sales are Rs. 500 and its finished goods inventory is valued as Rs. 250. BC Company is one of the competitors of MM equipment with 3 times inventory turnover. You have to evaluate that which of the following statements is true about MM equipment's inventory turnover?

► Equal to BC Company

► Better than BC company

► None of the given options

► Worst than BC Company

Inventory Turnover  

=	Cost of Goods Sold
	Average or Current Period Inventory

 
MM equipment =           500 / 250 = 2 time
MM equipment =   2 times
and BC company 3 times

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We say, "Be one as Pakistani Nation and grow up for Pakistan's Future". Wish you all the best. Join www.vuaskari.com,
To post to this group, send email to vuaskari_com@googlegroups.com
Visit these groups:
This (Main) Group:http://groups.google.com/group/vuaskari_com?hl=en?hl=en
MIT/MCS Group: http://groups.google.com/group/vu_askarimit?hl=en?hl=en
HRM Group: http://groups.google.com/group/askari_hrm?hl=en?hl=en
Banking Group: http://groups.google.com/group/askari_banking?hl=en?hl=en
Management: https://groups.google.com/group/vuaskari_mgt?hl=en
Marketing: https://groups.google.com/group/vuaskari_mkt?hl=en
MIS Group: http://groups.google.com/group/askari_mis?hl=en