Calculate sales ratio from the following particulars: Total sales is 10,00,000 and sales during pre-incorporation period is
Question:
Calculate sales ratio from the following particulars: Total sales is ₹10,00,000 and sales during pre-incorporation period is ₹2,00,000.
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 40% (5 reviews)
Preincorporation Sales 20000...View the full answer
Answered By
Asim farooq
I have done MS finance and expertise in the field of Accounting, finance, cost accounting, security analysis and portfolio management and management, MS office is at my fingertips, I want my client to take advantage of my practical knowledge. I have been mentoring my client on a freelancer website from last two years, Currently I am working in Telecom company as a financial analyst and before that working as an accountant with Pepsi for one year. I also join a nonprofit organization as a finance assistant to my job duties are making payment to client after tax calculation, I have started my professional career from teaching I was teaching to a master's level student for two years in the evening.
My Expert Service
Financial accounting, Financial management, Cost accounting, Human resource management, Business communication and report writing. Financial accounting : • Journal entries • Financial statements including balance sheet, Profit & Loss account, Cash flow statement • Adjustment entries • Ratio analysis • Accounting concepts • Single entry accounting • Double entry accounting • Bills of exchange • Bank reconciliation statements Cost accounting : • Budgeting • Job order costing • Process costing • Cost of goods sold Financial management : • Capital budgeting • Net Present Value (NPV) • Internal Rate of Return (IRR) • Payback period • Discounted cash flows • Financial analysis • Capital assets pricing model • Simple interest, Compound interest & annuities
4.40+
65+ Reviews
86+ Question Solved
Related Book For
Question Posted:
Students also viewed these Business questions
-
B. At what time of day is the rate of energyconsumption a maximum? What is the power at that time of day? \[ E(t)=600 t+\frac{4800}{\pi} \sin \left(\frac{\pi t}{12}ight) \] a. Find the power, or rate...
-
Cartman, Griffin, & Simpson LLP (CGS), have been hired toaudit ACME Corporation, a biochemical company listed on the TorontoStock Exchange. CGS is auditing the client for the first time inthe c 0...
-
Plot the probability mass function (PMF) and the cumulative distribution function (CDF) of 3 random variables each following (1) binomial distribution [p, n], (2) a geometric distribution [p], and...
-
The cubic equation x 3 - x + 3 = 0 has roots , , . a. Using the relation S n , = n + n + n , or otherwise, find the value of S 4 . b. By considering S 1 and S 4 , determine the value of 3 ( + ) +...
-
Bailey Construction Company purchases a bulldozer on December 20, 2011. An ice storm delays delivery until December 24. Because of the holidays, the equipment is not used until January 2. Identify...
-
Develop a flow chart for the process that you follow every morning from the time you awake until you arrive at your workplace (or school). Identify the value-added and non-value-added activities.
-
In January 2022, the nominal interest rate on a 1-year Treasury bill was 0.53 percent. From January 2022 to January 2023, the consumer price index rose from 283 to 301. If you bought the 1-year...
-
The hospital administrator at St. Charles General must appoint head nurses to four newly established departments: urology, cardiology, orthopedics, and obstetrics. In anticipation of this staffing...
-
Sub Saharan Africa: Be able to find Angola, Benin, Burundi, Burkina Faso, Chad, Cameroon, Democratic Republic of the Congo, Eritrea, Ethiopia, The Gambia, Ghana, Ivory Coast, Kenya, Madagascar, Mali,...
-
Partners salary is debited to the ____________ period.
-
True and False. For calculating pre-incorporation profit, date of commencement of business is the relevant date in the case of the company over a period of time.
-
Discuss with respect to the Federal policy for reducing poverty: a. The individual income tax. b. The Social Security tax.
-
Explain what is meant by electronic commerce, social commerce and digital business. How do they relate to the marketing function?
-
How can the Internet and digital media be used to develop new markets and penetrate existing markets? What types of new products can be delivered by the Internet?
-
How would you analyse demand for digital marketing services?
-
How do governments attempt to control the adoption of the Internet and to what extent does this impact on the democracy of information?
-
The World Wide Web represents a pull medium for marketing rather than a push medium. Discuss.
-
An oil company produces two types of gasoline, G1 and G2, from two types of crude oil, C1 and C2. G1 is allowed to contain up to 4% impurities, and G2 is allowed to contain up to 3% impurities. G1...
-
Prove the result that the R 2 associated with a restricted least squares estimator is never larger than that associated with the unrestricted least squares estimator. Conclude that imposing...
-
Cost-plus contract is a contract in which price is A. Agreed upon in advance B. Not agreed upon in advance C. Agreed upon in advance but subject to change in future
-
Depreciation charges for a period are recorded A. Only in the Profit and Loss Account B. Only in the Balance Sheet C. In the Profit and Loss Account or as part of the Cost of another asset (such as...
-
The cost of a fixed asset should comprise: (i) Its purchase price (ii) Any attributable cost of bringing the asset to its working condition for intended use (iii) Overhead of purchase department...
-
2) If Netflix' board permitted the officers to make all decisions and voted as the officers recommended on both the spin-off and price increase, they could be characterized as what type of board?
-
Industrial Products, Inc. has two alternatives for manufacturing 12,000 industrial 100-horse power electric motors per year. If done in-house, fixed cost would be $2,800,000 with variable cost at...
-
There were two reasons for this spectacular success. Firstly, Nescafe gained universal insight: with the growth of social networks, they all became virtually connected to a lot of people whom wonder...
Study smarter with the SolutionInn App