You are given the following particulars relating to the year ended 31st March, 2016 (a) Total Sales (b) Cost of Goods Sold (c) Expenses for the year (d) The position of current assets and liabilities are as follows Particulars Debtors Inventories Prepaid Expenses Creditors Ascertain cash from opera...

lets calculate the cash from operations step by step 1 Calculate Net Profit Net Profit Total Sales ...

You are given the following particulars relating to the year ended 31st March, 2016: (a) Total Sales

Question:

You are given the following particulars relating to the year ended 31st March, 2016:

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For book-img-for-question

Corporate Accounting As Per The Companies Act 2013 Including Rules 2014 And 2015

ISBN: 9789352605569

2nd Edition

Authors: M Hanif, A Mukherjee

See More Books

Question Posted: Aug 19, 2023 07:44 AM

See More Questions

The following particulars relating to the year ended 31 March 20X3 have been extracted from the books of Heel and Toe, footwear wholesalers. All sales have been recorded in personal accounts in the...
The following particulars relating to the year ended 31 March 20X3 have been extracted from the books of a trader:...
The summarised Balance Sheets of X Ltd. as on 31st March 2015 and on 31st March 2016 are as follows: During the year ended 31st March 2016 the company: (i) Sold one machine for 50,000; the cost of...
The Carter Caterer Company must have the following number of clean napkins available at the beginning of each of the next four days: day 1, 1500; day 2, 1200; day 3, 1800; day 4, 600. After being...
Delta Catfish Company has taken a position in its tax return to claim a tax credit of $10 million (direct reduction in taxes payable) and has determined that its sustainability is more likely than...
There are 5 characteristics identified in the chapter as pitfalls of e-commerce. Requirement 1. List the 5 characteristics identified in the chapter as pitfalls of e-commerce.
A salespersons job is fi nished when a sale is made. True or false? (circle one) True False
High-income people are willing to pay more than lower-income people to avoid the risk of death. For example, they are more likely to pay for safety features on cars. Do you think costbenefit analysts...
Required information [The following information applies to the questions displayed below.] Morning Sky, Inc. (MSI), manufactures and sells computer games. The company has several product lines based...
(a) What do you mean by Cash Flow Statement? (b) What are the objectives of Cash Flow Statement?
The Balance Sheet of Pilcom Ltd. for the last 3 years read as below (all figures in lakhs): Sales excludes excise duty and sales tax at 20%. Calculate for the years 2015 and 2016: (i) Fixed Assets...
19 Early Payment Discount XYZ plc has recently won a very large order to supply a retail chain, called TT Ltd, with items over the next two years. The size of any order may vary considerably and XYZ...
A production Edgeworth Box, with origins indicated for the inputs of capital, K , and labor, L , into production of goods X and Y .Eight isoquants are shown, reflecting standard...
For 2014, Nichols, Inc., had sales of 150,000 units and production of 200,000 units. Other information for the year included: Direct manufacturing labor 187,500 Variable manufacturing overhead...
reading the following statement and decide whether you agree or disagree with the statement: "The free market system is the best economic system since it is the most efficient and solves basic...
find the net presbf value of the project ? present value index? Net present value A project has estimated annual net cash flows of $11,250 for 10 years and is estimated to cost $42,500. Assume a...
Calculate the ICER for the new treatment, without adjusting for the health utility index. Assuming the $50K benchmark*, as a clinical decision maker or health policy advisor, would you recommend...
Your client, Casey Farber, is the CEO of a publicly traded corporation. This year, her compensation consisted of $600,000 in cash and $600,000 of stock. The stock received was part of a restricted...
Briefly discuss the implications of the financial statement presentation project for the reporting of stockholders equity.
Assume the same facts as in Problem I:6-40, except that Big Bang LLC incurs $41,000 in expenses, it does not already own the other entertainment galleries and it does not own anything similar. a....
As a library or internet assignment, find the U.S. productivity rate (increase) last year for the (a) national economy, (b) manufacturing sector, (c) service sector.
Solutions Corporation, a computer vendor and consulting company, uses the accrual method of accounting. Its tax year is the calendar year. The following are three of the corporations transactions...
Construction of consumer price index number for the given goods and services. Item Weight in % Base period price Current period price Food 35 150 145 Fuel 10 25 23 Cloth 20 75 65 Rent 15 30 30 Misc....
Gammaro Corporation has found that 80% of its sales in any given month are credit sales, while the remainder are cash sales of the credit sales, Gammaro Corporation has experienced the following...
Swifty Company estimates that 2022 sales will be $43,200 in quarter 1,$51,840 in quarter 2 , and $62,640 in quarter 3 , Cost of goods sold is 50% of sales. Management desires to have ending...

You are given the following particulars relating to the year ended 31st March, 2016: (a) Total Sales

Question:

Step by Step Answer:

lets calculate the cash from operations step by step 1 Calculate Net Profit Net Profit Total Sales ...View the full answer

Corporate Accounting As Per The Companies Act 2013 Including Rules 2014 And 2015

Students also viewed these Business questions