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Q. What is Percentage of Sales Method?
Percentage of Sales Method: - Under this process certain key ratios based on past year's information are established. These ratios is able to be ratio of sales to semi-finished goods stock, ratio of sales to raw material stock, ratio of sales to debtors, ratio of sales to finished goods stock, ratio of sales to cash balance etc. Subsequent to this sales for the next year will be estimated and the necessity of working capital will be determined on the basis of these ratios.
At the end of March, 20X6 the balances in the several accounts of Nitin & Company are as follows:
Explain the statement: “Exposure is the regression coefficient”. Answer: Exposure to currency risk can be suitably calculated by the sensitivity of the firm’s future cash flows a
your firm is considering its household products division. you identify John Lewis as a firm with comparable investments. suppose J.L. equity has a market capitalization of 150 bill
Discuss the applicability of an operating in vegetable growing business in Uganda.
Define the importance of mutual funds in the investment intermediaries. Mutual funds: Mutual funds pool resources by several companies and individuals and invest these re
Question 1: (a) Briefly explain the Electronic Data Interchange (EDI), and list the benefits of EDI. (b) List and describe the main components of MACSS. (c) Explain brief
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A w ard of contract In previous sub section you learnt in what situations you can negotiate. Now let us discuss the procedure for awarding the contract. Below are the step
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