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Steps involved in ratio analysis
The following are the four steps involved in the ratio analysis:
1) selection of relevant data from the financial statement depending upon the objective of the analysis
2) calculation of appropriate ratios from the above data
3) Comparison of the calculation ratio with the ratios of the same firm in the past or the ratios developed from projected financial statement or the ratios of some other firms or the comparison with ratio of the industry to which the firm belongs.
4) Interpretation of the ratios.
Illustrate the concept of Cost The term cost indicates the amount of expenditure (actual or national) incurred on, or attributable to, a specified thing or thing or cost unit.
distinguish between cost unit and cost centre
1. Explain the modern control methods with examples. 2. What are the reports produced for performance measurement? Demonstrate.
Graphic Analysis Whenever you have two data points, you should generally suppose a linear relationship. When you acquire more data, you can study the data to determine when there
1. Compute the predetermined overhead rate.
#questihow do we use emuneration method in interger programing
Schedule of Non-discretionary Data: and tables, in a form that is readable and readily understood. This worksheet is to be used to identify/capture the various non-discretionar
Extensions to Linear Programming In many real situations the solutions to linear programming models make sense only if they have integer values. Rounding off the linear programmi
Advantages of zero base budgeting 1) it provides a basis for evaluating decision packages on the basis of benefit considerations 2) it reduces inefficiency and achieves high
Determine the Distribution cost and Research cost Distribution cost: The cost of sequence of the operations which begin with making the packed product available for dispa
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