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Which ratio of the following use income statement figures?

A- current Ratio B- working capital C- Inventory turnover D- Invested capital

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Question added by Ahmed kandil , Cost Controller , Battour Holding Cpompany
Date Posted: 2015/05/22
Gihan Perera
by Gihan Perera , Head Of Finance Department , SIBCO PVT LTD

Inventory turnover is a income statement figure.

FITAH MOHAMED
by FITAH MOHAMED , Financial Manager , FUEL AND ENERGY CO for transportion petroleum materials

C- Inventory turnover 

 

 Inventory turnover =sales/inventory 

 

 

Naeem  Ahmad
by Naeem Ahmad , Manager Accounts and finance , Al karam Paper Mills Pvt. Ltd

Option C    

Inventory Turnover 

 

Huda Adam
by Huda Adam , Faculty of Commerce Graduate , Cairo University

Inventory turnover (C) would be the right answer

Farzain Javed Anjum
by Farzain Javed Anjum , Senior Accountant/Acting Chief Accountant , Al Eatesam Modern Marketing Compnay

the correct answer is

Option C    

 

AARIF KHAN CMA
by AARIF KHAN CMA , Management Accountant & Budget Controller , Fahad A Al Rajhi Holding Company

Inventory Turnover ratio I.e sales/inventory

Rukhsan  Ahmed
by Rukhsan Ahmed , General Accountant , Domus Flower LLC

option : C is the right answer which means that  how much inventory is sold over a period of time. It is calculated as:

Cost of Goods Sold ÷ Average Inventory

 

Ahmed kandil
by Ahmed kandil , Cost Controller , Battour Holding Cpompany

Answer ( C ) is the correct answer Thank you

Md. Moshiur Rahman Sumon
by Md. Moshiur Rahman Sumon , Assistant General Manager( Corporate Finance & Head of Internal Audit) , Progressive Life Insurance Company Limited

C-Inventory turnover is the right answer...........................

Muhammad Umar  CMA Looking For New Role
by Muhammad Umar CMA Looking For New Role , Senior Accountant , Emirates Industrial Catering Rak

Cost of Goods Sold Figure will be use from Income statement for the calculation of inventory turn over ratio.

Mohammad Iqbal Abubaker
by Mohammad Iqbal Abubaker , Jahaca Pty Ltd - Accounts Administrator , Jahaca Pty Ltd - Accounts Administrator

Which ratio of the following use income statement figures?

 

C- Inventory turnover 

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