Answer Posted / random

The reason companies do not want to have current ratios which are too high is because it would mean current assets are not being used efficiently to generate positive cash flows in the future. A ratio of 100 to 1 is hardly ever heard of because it means the company has an overwhelming amount of cash and cash equivalents, but it is not investing in any projects which would be profitable in the future. Holding substantial amounts of cash would lead to great opportunity costs due to not investing in projects that otherwise would be profitable for the company.

What is fair value accounting definition?

1277

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What is ppe in accounting?

1026

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Tell me why do you apply for a job of an account executive?

1082

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Where do we create House banks and what is the process in sap fico

1496

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how to create salary and pf statement in excel sheet?

2072

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Pl's confirm me this entry how to pass in Tally 9.0 & Tally ERP.9 that if I purchase 20 mobile,30 phone,20 LCD,15 laptop from mangesh @ Rs.7000,Rs.200,Rs.17000 and Rs.14000 respectively on each. But I purchase by cash and 15 days later I sold half of the thing to priya margin of Rs.100 on each by cheque and rest i sold to minal on cash margin of Rs.200 on each. But I received cash 1 month later. so calculate how much profit I got by selling the products.

3301

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Is buy or sale trade will impact on Nov? Yes/No Please explain.

1892

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please inform me , how to make employee ladger account of salary...please inform me with entry..e.g if we give 14000 salary, as structure we put it half amount in advance and half is salary so in this case how to make entry in employee ledger account...please inform me...both things..Thank You.

4942

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Explain miscellaneous expenditures & profit and loss account debit balance

1063

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Which forms in use in service Tax, Excise duty and Vat for the return.

2098

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2. A budgeted profit statement of a company working at 75% capacity is provided to you 2 below, Sales 9,000 units at Rs. 32 Rs. 2,88,000 Less: Direct materials Rs. 54,000 Direct wages 72,000 Production overhead: fixed 42,000 variable 18,000 1,86,000 Gross profit 1,02,000 Less: Administration, selling and distribution costs: fixed 36,000 varying with sales volume 27,000 63,000 Net profit 39,000 You are required to: (a) Calculate the breakeven point in units and in value. (b) It has been estimated that: (i) if the selling price per unit were reduced to Rs. 28, the increased demand would utilise 90% of the company's capacity without any additional advertising expenditure, and (ii) to attract sufficient demand to utilise full capacity would require a 15% reduction in the current selling price and a Rs. 5,000 special advertising campaign. You are required to present a statement showing the effect of the two alternatives compared with the original budget and to advise management which of the three possible plans ought to be adopted, i.e., the original budget plan or (i) above or (ii) above. (c) An independent market research study shows that by spending Rs. 15,000 on a special advertising campaign, the company could operate at full capacity and maintain the selling price at Rs. 32 per unit. You are required to: (i) Advise management whether this proposal should be adopted.

2269

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how many invoice types are there in accounting and what is the satutary obligations for each invoices and waht are the basic differences in those invoices.

2338

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Define "book value" as applied to accounting

1063

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What is fractional code and how can i get a fractional code for a particular account?

2031

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explain the relevance of closing stock account in trading a/c when preparing the gross profit?

2497

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