Answer / queenie

It helps the business to know its BEP (Break even point)
i.e. helps the business knowing the minimum output required
to cary on the businees / to earn the profits.

Q5 Prepare a Balance sheet from the following particulars: Gross profit =Rs.80,000 Gross profit to cost of goods sold =1/3 Stock velocity =6 times Opening stock =Rs.36,000 Accounts receivable velocity =72 days (year=360 days) Current assets=Rs.1,50,000 Account payable velocity=90 days Bills receivable =Rs.20,000 Bills payable=Rs.5,000 Fixed assets turnover ratio (on cost of goods sod)=8 times

0 Answers  

---

What is MIS Report? How do you make MIS Report?

2 Answers  

---

What is ASAP methodology

4 Answers  

---

If i want to establish a company in which i want to manifacture and sell the Wine. So how many permissions i have to taken and who will issue those?

0 Answers   IBM,

---

eps,ROA,AMORTIZATION,DIFFERENCE BETWEEN GROSS PROFIT AND NET PROFIT,

3 Answers   Thomson Reuters,

---

---

Expand-------CRDN

1 Answers  

---

capital expenditure , revenue expenditure

6 Answers   RRDonnelley, Wipro,

---

EXPAND___________LTTE

3 Answers  

---

what is the golden rule of accounting.

5 Answers   Religare,

---

explain different reporting methods of tally.

2 Answers  

---

What are the Functions of Accounting

1 Answers   Genpact,

---

What is mean by Reserve on Consolidation?

1 Answers  

---