Question : Which among the following is the correct way to express the change of inventories of a firm during a year?
Option 1: Change of inventories of a firm during a year (value added - intermediate goods used by the firm + sale of the firm during a year)
Option 2: Change of inventories of a firm during a year (value added + intermediate goods used by the firm + sale of the firm during a year)
Option 3: Change of inventories of a firm during a year (value added - intermediate goods used by the firm - sale of the firm during a year)
Option 4: Change of inventories of a firm during a year (value added + intermediate goods used by the firm - sale of the firm during a year)
New: SSC CHSL Tier 2 answer key released | SSC CHSL 2024 Notification PDF
Recommended: How to crack SSC CHSL | SSC CHSL exam guide
Don't Miss: Month-wise Current Affairs | Upcoming government exams
New: Unlock 10% OFF on PTE Academic. Use Code: 'C360SPL10'
Correct Answer: Change of inventories of a firm during a year (value added + intermediate goods used by the firm - sale of the firm during a year)
Solution : The correct answer is Change of inventories of a firm during a year (value added + intermediate goods used by the firm - sale of the firm during a year).
Inventory turnover, or the change in inventory formula, is the appropriate way to represent a company's change in inventory over a year. By deducting the ending inventory value from the beginning inventory value, one can compute the change in inventories.
Candidates can download this e-book to give a boost to thier preparation.
Result | Eligibility | Application | Admit Card | Answer Key | Preparation Tips | Cutoff
Question : The value added of a firm is calculated as___________.
Question : Which of the following is not a component of investment?
Question : Goods which are meant either for consumption or for investment are called
Question : Which of the following is an incorrect statement concerning public goods?
Question : The initial value of a car is Rs. 20000. The value of a car depreciates by 20 percent of its initial value each year. What will be its value after 3 years?
Regular exam updates, QnA, Predictors, College Applications & E-books now on your Mobile