Compute average stock, Marketing Management

 

The following ratios have been compiled relating to Prince Corporation for the year ended 31st December 2009 together with comparative figures of the average industry.

891_prize corporation.png

Additional Information:

1. The closing stock of Prince Corporation has been reduced by $8,000 from its opening amount of $22,000.

2. No dividend has been paid or proposed by the company.

3. The only capital of the company consists of ordinary shares of $1 each.

4. There are no retained profits at the beginning of the year.

Required:

(a.) Compute the following amounts:

1. Average stock

2. Cost of Goods Sold

3. Gross Profit

4. Sales

5. Net Profit

6. Non Current Assets

7. Debtors

8. Closing Capital Employed

9. Net Assets

10. Working Capital

11. Current Liabilities

12. Opening Capital (Ordinary Share Capital)

 (b.) Prepare the trading and profit and loss account for the year 31st December 2009.

 (c.) Prepare a balance sheet as that date.

 (d.) Comments on the performance of the business in relation to the industry average.

 (e.) Explain the limitation of comparison used in this question.

 (f.) Presentation and referencing

Posted Date: 2/25/2013 6:44:48 AM | Location : United States







Related Discussions:- Compute average stock, Assignment Help, Ask Question on Compute average stock, Get Answer, Expert's Help, Compute average stock Discussions

Write discussion on Compute average stock
Your posts are moderated
Related Questions
all triangles have right angles. is that right?

Q. Illustrate the the advertising effects on National Income? Effect on National Income: - Advertising increase productive, promotes demand and promotes growth in agriculture

What are the several types of promotional schemes? Different types of promotional schemes are distributed within the following manner as given here: a) Consumer-promotion to

Technology Environment: Firm technology put affects not only its final products but also its raw material processes and operations along with its customer segments for exam

Product specialization: Here the firm specializes in making a certain product that it sells to several segments. An example would be a microscope manufacturer that sells micr

Q. Explain about Message format? a) Ad- copy for print media b) Ad-copy for broad cast media. c) Radio d) T.v


Explain about the overall objective of Marketing Information System. The overall objective of MIS is to give inputs by target markets, marketing channels, publics, competitors

various approches of test marketing in FMCG

VirtualMusicSheet.com Virtual Music Sheet.com innovation is to be documented as a 'business report'. You must clearly explain the purpose, business concept, customer group(s) a