Analysis of Financial Statements-Activity Ratios (CBSE Class-12 Accountancy): Questions 1 - 1 of 1

Get 1 year subscription: Access detailed explanations (illustrated with images and videos) to 209 questions. Access all new questions we will add tracking exam-pattern and syllabus changes. View Sample Explanation or View Features.

Rs. 250.00 or

Question number: 1

» Analysis of Financial Statements » Activity Ratios

One Liner Question▾

Write in Brief

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.

Sign In