Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

please answer all the questionss.,.within 30 minutes. make sure the explanation and calculations are explained in very detailed manner. else leave it for other tutor

please answer all the questionss.,.within 30 minutes. make sure the explanation and calculations are explained in very detailed manner. else leave it for other tutor otherwise i will give negative ratings and will also report your answer for unprofessionalism. Make sure the answer is 100% correct and IS NOT COPIED FROM ANYWHERE ELSE YOUR ANSWER WILL DOWNVOTED AND REPORTED STRAIGHTAWAY. USE YOUR OWN LANGUAGE WHILST WRITING.

ATTEMPT THE QUESTION ONLY IF YOU ARE 100% CORRECT AND SURE. ELSE LEAVE IT FOR ANOTHER TUTOR. BUT PLEASE DONT PUT WRONG ANSWER ELSE I WILL REPORT.

MAKE SURE THE ANSWER IS WELL EXPLAINED AND DETAILED.

Q. Solve the excel.

image text in transcribed
A B C D E F G Cost Price $ Mark-up mc rate mp rate 2300 4200 1900 55.00% 45% 1155 1,500.00 340 23% 46 74 28 61% 38% Q'ty (lb) Cost/lb CGS spoilage mc rate Revenue Price/lb 350 $ 0.34 13% 38% $ $ Financial Ratios Acc Rcvbl 38,200.00 Invent 21,900.00 Curr Assets 98,000.00 TTL Assets 250,000.00 Curr Liab 58,700.00 Net Rev 117,000.00 Net Income 32,000.00 Curr ratio 1.67 Acid Test Q2 Avg day's collection Q3 Profit margin Q4 %

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

Step: 3

blur-text-image

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

Advanced Financial Accounting An IFRS Standards Approach

Authors: Pearl Tan, Chu Yeong Lim, Ee Wen Kuah

4th Edition

9789814821278, 9814821276

More Books

Students also viewed these Accounting questions

Question

Go, do not wait until I come

Answered: 1 week ago