Already have an account? Get multiple benefits of using own account!
Login in your account..!
Remember me
Don't have an account? Create your account in less than a minutes,
Forgot password? how can I recover my password now!
Enter right registered email to receive password!
Assignment Comments – Debt-to-assets ratio: 50%
Balance Sheet
Input Values
Total assets
300000
retained earnings
97500
Long term debt
60000
Debt to asset ratio
50%
current ratio
1.8
total asset to turnover ratio
1.5
days sales oustanding ratio
36.5
Gross Profit Margin ratio
0.25
Inventory to turnover ratio
5
Derived values
Fixed Asset
120000
Current Asset
180000
Therefore current liability
100000
Therefore turnover
200000
therefore debtors/credit sales
20000
Therefor gross profit
50000
Cost of goods sold
150000
Therefor Inventory
30000
Balance sheet
as on.......
for the
year ending...........
Liabilities
Amt
Asset
Capital
Fixed asset
Common stock
42500
Current asset
Cl.Retained earnings
debtors/account receivable
Op. ret.earnings
47500
Inventories
Gross profit
Other current asset
130000
Long Term Debt
Current Liability
Account receivable
Total
Q. Explain about Accountants record expenditures? Accountants record expenditures on physical resources such like buildings, land and equipment that benefit future periods as a
A light truck is purchased on January 1 at a cost of $27,000. It is expected to serve for eight years and have a salvage value of $3,000. Calculate the depreciation expense for t
Q. Describe about Net sales? Sales -- amounts received or due for services or goods sold to customers. Gross sales aretotal sales before any returns or adjustments. Net sales a
Purchase of office supplies what is the account classification?
THE BALANCE SHEET CONCEPTS According to Howard, a Balance Sheet might be definite as - 'a statement which reports the principles owned by the enterprise and the assert of the c
Q. Show Timing of expense recognition? The timing of expense recognition The matching principle entail that a relationship exists between expenses and revenues. For definite ex
Q. Explain about Purchase returns and allowances? Purchase returns and allowances A purchase return takes place when a buyer returns merchandise to a seller. When a buyer recei
Write notes on 5 modern accounting techniques
20 hypothetical inventory transactions both sale and purchase
While perusing medical practice, is the cost of supplies, for patients on site, considered as an inventory, or an incidental cost? With 2 million in sales the chemotherapy medicine
Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!
whatsapp: +91-977-207-8620
Phone: +91-977-207-8620
Email: [email protected]
All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd