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!
Determine the Traditional classification
a) Balance sheet or position statement ratios: balances sheet ratios deal with the relationship among two balance sheet item e.g., the ratio of current assets to current liabilities or the ratio of proprietors funds to fixed assets. Both the item must however pertain to the same balance sheet. The various balance sheet ratios have been named in the chart classifying statement ratios.
b) Profit and loss account or revenue/income statement ratio: these ratio deal with the relationship among two profit and loss accounts item e.g., the ratio of gross profit to sales of the ratio of net profit to sales. Both the item must however belong to the same profit and loss account. The various profit and loss account ratio commonly used is named in the chart classifying statement ratios.
c) Composite/mixed ratio or inter statement ratios: these ratios deal with the relation among a profit and loss account or income statement item and a balance sheet item e.g., stock turnover ratio or the chart exhibiting classification or statement ratios.
Interest coverage ratio (or debt service ratio) Meaning: this ratio establishes a relationship among net profits before interest and taxes and interest on long debt. Obj
what does it mean by improving materials usage in an organization?
Frontier Sports sells hunting and fishing equipment and provides guided hunting and fishing trips. Frontier Sports is owned and operated by Wally Schnee, a well-known sports enthus
What is Budgetary control Budgetary control is the process of determining various budgeted figures for the enterprises for the future period and then comparing the budgeted fi
Objective Function Although the standard LP model can be either the maximization or the minimization type, it is sometimes useful to convert one form to the other. The maximiz
What the traffic can bear pricing Pricing based on what the traffic can bear is not a sophisticated method. It is used by retail traders as well as by some manufacturing firms.
What are the Advantages of cost accounting: 1. Cost accounting as an aid to management: cost accounting helps the management in carrying out of its functions, planning, organ
STANDARD COSTING AND BUDGETARY CONTROL In practice, the terms standard cost and budgeted cost might be used interchangeably. Whereas it is possible to have budgeting without s
Explain Zero bases budgeting According to David humdinger According to David humdinger, ZBB is a management tool which provides a systematic method for evaluating all operation
The F–test The significance of the regression results can be tested by using the F- statistics. The F-statistics is a ratio which compares the explained sum of squares and t
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