User Account

All Pages

What is selling and general expenses amounted to

Assignment Help Accounting Basics
Reference no: EM132470062

Problem 1: At the end of 2016, the total assets of XYZ Store amounted to P650, 000, 40% of which is current. Total liabilities are P120, 000. During the year, the company registered total revenue of P850, 000, cost of goods sold is 40% and selling and general expenses are 20%.

Question 1: What is Selling and general expenses amounted to

Reference no: EM132470062

Questions Cloud

Axons in the peripheral nervous : Under certain circumstances, axons in the peripheral nervous system can regenerate after sustaining damage.
Compare and contrast the views of management and accountants : Compare and contrast the views of management and accountants regarding the changes required by the Sarbanes-Oxley Act on internal controls
What is the future value of compounded interest : What is the future value of 57,130 at the end of 5 periods at 8% compounded interest? (Round factor values to 5 decimal places, e.g. 1.25124 and final answer)
Journalize transactions using a perpetual inventory system : May 15 Received refund for poor quality merchandise from supplier on cash purchase $200. Journalize transactions using a perpetual inventory system
What is selling and general expenses amounted to : The company registered total revenue of P850, 000, cost of goods sold is 40% and selling and general expenses are 20%.Selling and general expenses amounted to
Determine the gallery should treat the donation as income : A group of 19 artworks valued at $8m was gifted to the NGA, Determine whether the gallery should treat the donation as income
Prepare the journal entries for the issuance of the bonds : Prepare the journal entries for the issuance of the bonds, and the first year's interest expense. Show all the calculations. An investor wants to buy a 12-year
Prepare the journal entries in the records of t ltd : Prepare the Journal entries in the records of T Ltd. and S Ltd. for the year ended 30 June 2017 in accordance with equity method of accounting.
What is the maximum Shared Responsibility Payment : Curtis, age 29, did not have health care coverage all year. What is the maximum Shared Responsibility Payment (SRP) he will be required to pay

Reviews

Write a Review

Accounting Basics Questions & Answers

  How much control does fed have over this longer real rate

Hubbard argues that the Fed can control the Fed funds rate, but the interest rate that is important for the economy is a longer-term real rate of interest.   How much control does the Fed have over this longer real rate?

  Coures:- fundamental accounting principles

Coures:- Fundamental Accounting Principles: - Explain the goals and uses of special journals.

  Accounting problems

Accounting problems,  Draw a detailed timeline incorporating the dividends, calculate    the exact Payback Period  b)   the discounted Payback Period. the IRR,  the NPV, the Profitability Index.

  Theory of interest - term structure of interest rates

Term Structure of Interest Rates

  Write a report on internal controls

Write a report on Internal Controls

  Prepare the bank reconciliation for company

Prepare the bank reconciliation for company.

  Cost-benefit analysis

Create a cost-benefit analysis to evaluate the project

  Theory of interest

Theory of Interest: NPV, IRR, Nominal and Real, Amortization, Sinking Fund, TWRR, DWRR

  Liquidity and profitability

Distinguish between liquidity and profitability.

  What is the expected risk premium on the portfolio

Your Corp, Inc. has a corporate tax rate of 35%. Please calculate their after tax cost of debt expressed as a percentage. Your Corp, Inc. has several outstanding bond issues all of which require semiannual interest payments.

  Simple interest and compound interest

Simple Interest, Compound interest, discount rate, force of interest, AV, PV

  Capm and venture capital

CAPM and Venture Capital

Free Assignment Quote

Assured A++ Grade

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!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +1-415-670-9521

Phone: +1-415-670-9521

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd