Answer Posted / nagesh
It depends on the type of business.
For example, grocery chains have extremely low margins,
around 1-3%.
In the industry; around 7-10% is considered normal.
Generally 10% is fine.
| Is This Answer Correct ? | 1 Yes | 0 No |
Post New Answer View All Answers
Difference between nonoperating expentiture and non cash expenditure
Difference Between Revenue & Capital Expenditure (Give an Example of each )
why are you selecting for the controlling area same company code?
I need all WNS interview questions
How goodwill is accounted for the first time in a company .
define bank Draft
what is purchase consideration? How does it come about and how is it treated in the books?
2Create a program that accepts a number and output its equivalent in words (maximum input number is 3000). for example Enter a number: 1380 one thousand three hundred eighty
Exapnd--------RAN
What are the major responsibility's of an accountant? what are the qualities he /she requires?
What is Trade Recovery Estimate and how can we calculate it?
who is the pramotar?
what is the difference between f.f.s and c.f.s?
Explain howyou would account for the following items/situations,justifying answers by reference to the conceptual frameworks defintion and rcognition criteria. a)A trinket of sentimental value only b)You are the guarantor for your friends bank loan i) You have no reason to belive that your friend will default on the loan ii) As your friend is in serious financial dificulties,you think it is likely that he will default on the loan c)You receive 1000 shares in X Ltd,trading at $4 each,as a gift from a grateful client. d)The panoramic view of the coast from your cafes windows,which you are convinced attracts customers to your cafe
Expand---------OTMD