Question
If the inventory turnover is divided by 365, it
becomes a measure ofSolution
The average age of the inventory is the average number of days it takes for an entity to completely sell off its stock or inventory. It is a measure that is used to determine the performance of the revenue from operations or sales. The average age of inventory can also be termed as DSI (Day’s Sale in Inventory).
Under which of the following type of guarantees, the banker guarantees payment of installments spread over a period?
Within how many days of creation of charge on assets, is it needed to be registered with the RoC?
What do ethical standards provide a framework for?
What is the maximum percentage of investible funds that Category III AIFs can invest in a single portfolio entity?
A Put Option is:
The RBI’s Master Direction on KYC was amended in January 2024. Which of the following is a key change in defining Politically Exposed Persons (PEPs)?
TULIP is a platform to provide internships to students and graduates in ULBs, Smart Cities, etc. What does the “I” stand for in TULIP?
To ensure that employees are satisfied with their performance appraisals, supervisors should ascertain that employees ____________
In ‘CAMELS’ what does C stand for?
According to the revised RBI instructions, when must a Tier 1 Urban Co-operative Bank seek RBI’s prior approval to grant unsecured advances?
