FREE Trial
Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

A company has a gross profit of Rs. 3,00,000 from the following Sales Rs. 6,00,000 Cost of Goods sold Rs. 3,00,000 Comparison of this year

A company has a gross profit of Rs. 3,00,000 from the following

Sales Rs. 6,00,000 Cost of Goods sold Rs. 3,00,000 Comparison of this year and last year inventory and accounts payable showed the following: Increase in inventory Rs. 20,000 Decrease in Accounts payables Rs. 20,000 How much cash did the company paid to suppliers during the year?

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image_2

Step: 3

blur-text-image_3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Planning And Budgeting For The Agile Enterprise A Driver-based Budgeting Toolkit

Planning And Budgeting For The Agile Enterprise A Driver-based Budgeting Toolkit

Authors: Barrett, Richard

1st Edition

0750683279, 9780750683272

More Books

Students also viewed these Accounting questions

Question

★★★★★
Calcium carbide, CaC2, has an ionic structure with ions Ca2+ and C22. Give the valence bond description of the bonding in the C22 ion. Now write the MO configuration of this ion. What is the bond...

Answered: 1 week ago

Question

★★★★★
In Exercises complete the table by determining the amount of money P (present value) that should be invested at rate r to produce a balance of $100,000 in t years. r = 5% Compounded monthly t P 1 10...

Answered: 1 week ago

Question

★★★★★
4. Explain the principles presented in Vygotsky's theory of development, including criticisms of his theory.

Answered: 1 week ago

Question

★★★★★
Code Churn is a common metric used to measure the efficiency and productivity of software engineers and computer programmers. It?s usually measured as the percentage of a programmer?s code that must...

Answered: 1 week ago

Question

★★★★★
Which term describes the security analysis that attempts to break into systems to test the strength of the system

Answered: 1 week ago

Question

★★★★★
The Alpine House, Incorporated, is a large retailer of snow skis. The company assembled the information shown below for the quarter ended March 31: Sales Selling price per pair of skis Variable...

Answered: 1 week ago

Question

★★★★★
A concrete block making company is developing an aggregate capacity plan from the following sales forecast for its 6" and 8" concrete blocks. Product Sales Forecasts (Concrete Blocks) 6" Block 1st...

Answered: 1 week ago

Question

★★★★★
1. Define "Push" and "Pull" production systems. Which is better in current production and service environment and why ? 2. What is "Kanban"? What are some of its benefits ? 3. As shown in the video,...

Answered: 1 week ago

Question

★★★★★
Pedro buys hamburguers from Ana at 3 dollar per unit and sells them at 9 dollar per unit. Ana produces hamburguers at 0.30 dollar per unit. , Pedro discard all extra hamburguers that was not able to...

Answered: 1 week ago

Question

★★★★★
Lean manufacturing is a very popular approach to inventory management with a lot of examples of both success and failure. In fact the idea and the principles have also been applied beyond...

Answered: 1 week ago

Question

★★★★★
What is cultural tourism and why is it growing?

Answered: 1 week ago

Question

★★★★★
1. Chip Conley, founder of Joie de Vivre Hospitality, believes that most companies frame their financial incentives in the wrong way. Explain what he means. What does JDV do differently?

Answered: 1 week ago

Question

★★★★★
1. Do you think Angelo is underperforming as a result of motivation or something else, such as the need for improved training? How would you find out?

Answered: 1 week ago

Question

★★★★★
2. Is it a good idea to give someone who is underperforming a raise? Does it send the wrong signal, insofar as it seems to suggest that poor performance leads to rewards?

Answered: 1 week ago

Previous Question Next Question