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!
P&L for Masks R Us Ltd:
a)
$
Sales ($8 * 15,000)
120,000
Cost of Goods Sold:
Opening stock
9,000
Purchases
40,000
Less Closing Stock
8,000
41,000
Gross Profit
79,000
Less Overhead expenses
18,000
Net Profit
61,000
b) Gross profit is healthy since it represents around 66% of sales income. Net profit is also healthy, at over 50% of sales returns, because overheads are not important. However, since the P&L account is only a snapshot of the position of Masks-R-Us, no firm conclusions can be made. To make a suitable judgement of the financial position, the firm's cash flow statement, cash flow forecast and balance sheet should be used. In addition, there is a need to benchmark the data, i.e. inter-firm comparisons and historical.
meaning n stages
You are required to prepare a report for a potential investor setting out the financial strengths and weaknesses of David Jones Ltd, after: 1. Interpreting and analysing
What are the Functions of Marketing Management? Functions of Marketing Management: The extensive functions of marketing management consist of the given below: a. Marke
An automobile manufacturer observes the demand for its brand increasing as per capita income increases. Sales increases also follow low interest rates, which ease credit conditions
Explain about the Theory ‘X’ in human relations. Theory ‘X': It is essentially a negative approach to human relations wherein a supervisor presumes exact the assumptions
QUESTION "Alarmed by reports of declining achievement test scores, concerned parents looked to technology for solutions, while interested citizens urged school boards to purcha
QUESTION (a) Define e-commerce from a communication and a commercial perspectives. (b) Compare e-business to e-commerce. (c) Distinguish between Brick-and-mortar and Clic
three ogarnizational attitudes
What do you mean by morale? Morale: The word morale usually has an implication of group reactions which is what motivation does to the particular; it does to the work gro
five elements of communications
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