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
- 1833 Views
- I also Faced
- E-Mail Answers
No Answer is Posted For this Question
Be the First to Post Answer
What is the difference between horizontal balence sheet & vertical balence sheet explain in detail.
i m a bcom holder. ijust want to know abt procedure of ICWAI whether how muck years of Articleship job, when should i have to do that whether after/before Intermediate course?
4 Answers ICWAI, Jindal Steel and Power,
In sales what rule applicable
Cost center 60500 in controlling area 1000 is locked for revenue postings on 31.03.2008.Now How can I Assign the account to another cost center or allow cost center 60500 to again accept revenue postings.
it is better to invest in which securities short term/long term or both? please reason4 the same
Earning made by a business organisation outside the main operations are called----------------
recently release the 6.0 version not succede in the market why?
Expand--------OTA
Anyone whose sbi interview has been over , please share all the question asked by them
Expand B C D
What do you mean Business
what is the diff between reversal and cancellation entries?
Audit 
