ratio of Purchase
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
18 October 2010
sir how much purchase required for sales in mfg. firm.. what should be the ratio of purchase and sales.
sir,request to all Ca-Club members please assist me with the example.
i am thankfull to all of you.
thanks
virender
sir,request to all Ca-Club members please assist me with the example.
i am thankfull to all of you.
thanks
virender
20 October 2010
There cant be a standard ratio as it can vary from industry to industry.
You may rather focus on GP ratio, if the objective is to check the validity of purchases.
I would however say that if purchase exceeds sales, then it has to be investigated upon.
Hope this helps.
You may rather focus on GP ratio, if the objective is to check the validity of purchases.
I would however say that if purchase exceeds sales, then it has to be investigated upon.
Hope this helps.
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