Analysis of Financial Statements-Activity Ratios (CBSE (Central Board of Secondary Education- Board Exam) Class-12 Accountancy): Questions 1 - 1 of 1

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» Analysis of Financial Statements » Activity Ratios

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The stock turnover ratio of a company is 3 times. State, giving reason, whether the ratio improves, declines or does not change because of increase in the value of closing stock by Rs. 5,000.

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