b) Total Assets for 2019 compared to Assets for 2018? Discuss the sudden increase in value of the Assets. Total Assets for 2019 is 868,510,037 and for 2018 is 645,591,483. a huge gap between the value of both year because of the sudden increase in value of the Assets there are some assets that are experiencing an increase over time from the balance sheet Some assets such as real estate can increase in value over time giving companies the option to raise money Our risk of loss can be reduced by the length of time we hold the property. History continues to prove that the longer we hold on to real estate, the more money we will be able to generate When you buy a property that attracts more rent per month than expenses, the cash flow remaining from the rent that can be accumulated after all expenses are paid in cash is positive. This is why Real Estate, Plants and Equipment will increase in value over time. There is another asset that contributed many value-added assets over time which is from 50,642,217 in 2018 to 74,201,698 in 2019. The term work-in-progress (WIP) is a term of production and supply chain management that describes a completed item. This refers to the raw materials, labour, and overhead costs incurred for a product at several stages of the production process. The cost of goods sold is calculated by adding the cost of goods produced to the inventory of goods so opening and subtracting the inventory of goods so closed. The value of inventory closure directly affects gross profit and clean. Higher inventory valuation is associated with greater profitability. affects the increasing share of current assets in the balance sheet and retained earnings. You are required to submit a report to convey your opinion and findings on the assignment b) Total Assets for 2019 compared to Assets for 2018? Discuss the sudden increase in value of the Assets. Total Assets for 2019 is 868,510,037 and for 2018 is 645,591,483. a huge gap between the value of both year because of the sudden increase in value of the Assets there are some assets that are experiencing an increase over time from the balance sheet Some assets such as real estate can increase in value over time giving companies the option to raise money Our risk of loss can be reduced by the length of time we hold the property. History continues to prove that the longer we hold on to real estate, the more money we will be able to generate When you buy a property that attracts more rent per month than expenses, the cash flow remaining from the rent that can be accumulated after all expenses are paid in cash is positive. This is why Real Estate, Plants and Equipment will increase in value over time. There is another asset that contributed many value-added assets over time which is from 50,642,217 in 2018 to 74,201,698 in 2019. The term work-in-progress (WIP) is a term of production and supply chain management that describes a completed item. This refers to the raw materials, labour, and overhead costs incurred for a product at several stages of the production process. The cost of goods sold is calculated by adding the cost of goods produced to the inventory of goods so opening and subtracting the inventory of goods so closed. The value of inventory closure directly affects gross profit and clean. Higher inventory valuation is associated with greater profitability. affects the increasing share of current assets in the balance sheet and retained earnings. You are required to submit a report to convey your opinion and findings on the assignment
