Calculate the profit if stock turnover is five times
A trader carries an average stock of Rs 20,000. His Stock Turnover is 5 times. If he sells goods at a profit of 25% on sales, calculate the profit.
Now Priced at $5 (50% Discount)
Recommended (96%)
Rated (4.8/5)
In this assignment, you will consider many of the legal concepts addressed in this course and apply them to relevant scenarios.
The Florida lottery agrees to pay the winner $276,000 at the end of each year for the next 20 years. What is the future value of this prize if each payment is put in an account earning 0.07?
The Current Assets of a company are Rs 1,26,000 and the Current Ratio is 3:2 and the value of inventories is Rs 2,000. Find out the Liquid Ratio.
The beginning balances in the inventory accounts were: Raw Materials Inventory $6,000 Work in Process Inventory $35,000 Finished Goods Inventory $50,000.
Argentina Corporation had the following stockholders' equity accounts. Common Stock $1,500,000 Paid-in Capital in Excess of Par Value 200,000 Retained Earnings 600,000 During the year, the following transactions occurred.
NuVox Corporation manufactures car stereos. It is a division of Lambda Motors, which manufactures vehicles. NuVox sells car stereos to Lambda, as well as to other vehicle manufacturers and retail stores.
During 2011, the corporation had the following transactions and events pertaining to its stockholders' equity. Feb. 1 Issued 25,000 shares of common stock for $100,000. Apr. 14 Sold 6,000 shares of treasury stock-common for $33,000. Sept.
Assuming 360 days in a year, calculate Debtors Turnover Ratio; Average Debtors; Debtors on Jan 01, 2006 and Dec 31, 2006, if the debtors at the end are Rs 20,000 more than those in the beginning.
1940243
Questions Asked
3,689
Active Tutors
1451404
Questions Answered
Start Excelling in your courses, Ask a tutor for help and get answers for your problems !!
Question: Which medication for postoperative nausea and vomiting (PONV) is contraindicated for use in the pediatric population?
Question: Which adverse reaction would the nurse monitor for in a child prescribed prednisone for exacerbation of asthma?
Which action would the nurse perform if a parent of hispanc origin informs the nurse of plans to wean their 10-month-old child by giving anise tea
The revenue cycle involves many steps, and each step has a critical role in how health care reimbursement is delivered.
According to Healthy People health indicators, which area would the nurse include to improve the overall health of elementary school children?
How would you instruct the patient to taper off clonazepam? What other medication would you recommend for the patient for the treatment
Which action would the nurse take in providing care for an 8-month-old infant restrained to prevent interference with an intravenous infusion?