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
Suppose you want to have $5,000 saved at the end of five years. The bank will pay 2% interest on your money. How much would you have to deposit today to have the $5,000 you want
Gwinnett Park Co. reported net income of $506,600 for its fiscal year ended September 30, 2014 . At the beginning of that year, 150,000 shares of common stock were outstanding. On
Q. Concepts of accounting? - The major underlying assumptions or else concepts of accounting are (a) business entity (b) going concern (continuity) (c) money measurement (d) st
Question Social accounting is a way of calculating and reporting on an organisation's ethical and social performance. It is principally concerned with offering a complementary
1. Describe the following with detailed example: i. Wealth Maximization ii. Profit maximization 2. Describe the functions and limitations of accounting. 3. Prepare a deta
Q. What is Cyclic reporting? Cyclic reporting and the matching principle necessitate the preparation of adjusting entries. Adjusting entries are journal entries prepared at the
a 50 petty cash fund has cash of 20 and valid receipts for 40. The entry to replenish the fund would include a
The open items of an account can only be cleared once you post an identical offsetting amount to the account. In other words, the balance of the items assigned to every other must
Cargin Company uses the FIFO method in its process costing system. The Assembly Department started the month with 15,000 units in its beginning work in process inventory that were
Users cannot access the simultaneous programs ( just like Forms) until unless the program is attached to a responsibility by a ?Request Group?. Therefore the responsibilities give
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: +1-415-670-9521
Phone: +1-415-670-9521
Email: [email protected]
All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd