Ratio Analysis

Financial Management

Sir, Which should be used for calculating turnover ratios? Sales or Cost of goods sold? What if there's difference in my calculations and suggested answer in examination?

Jayamani Janarthanan

Qualified CA

★ 3K+

11-Mar-20 13:10

871

Answers (3)

First priority cost of goods sold. however, both are considered correct.

CA Suraj Lakhotia

Admin

11-Mar-20 17:56

Thank you sir

Thread Starter

Jayamani Janarthanan

Qualified CA

★ 3K+

11-Mar-20 20:21

Somnath Ghosh

CA Final

★ 690

22-Mar-20 08:49