Skip to main content

Re: ::::IIVU ASKARII:::: Fin621 Subjective Help

Imran check this....i just pass entries...amount jo hon gi mein likh lon ga


(i)May 10:Purchase Five p-500 facimile machine on account from minitisi corporation at a cost of rupees 5.60 each,payment due,in 30 days.

b)May23,sold four p-500 fasimile machine on account to foster & cole stock brokers sale price rupees 900 per machine,pay due 30 days.

C)june9,paid Rs 2800 cash to minitisi corporation for the fasmile  machine purchased on may 10.

d)june 19 sold two p-500 fasmile machine to Tri-stat for cash sale price Rs.950 per machine

 

Solution:

First entry

Machinery to Account payable

 

2nd entry

Account receivable to Machinery

 

3rd Entry

Accounts payable to Cash

 

4th Entry

Cash to Machinery


On Sun, Feb 27, 2011 at 4:20 AM, Hafiz Salman Majeed <hafiz.salman.majeed1@gmail.com> wrote:
Solved paper may kisi ne just ending inventory li hoi thi...thats why poching kahin mein galat to nahin :P

2011/2/27 ●๋•ιмяαη αℓι●๋• <candle.in.winds@gmail.com>

is which plus sign lagana bhooool gaye......   baqi ok hai... :-)
waisay pooocha hai ya bataya hai??

Total Assets Turnover Ratio = 1,493,622 /1,039,731 1 + 114, 3701/2


-----
Imran Ali,
MBA 3rd (Finance),
"The Hardest Part About Losing Love; 
IS FINDING YOUR WAY BACK".
Keep Smiling  :)




On Sun, Feb 27, 2011 at 2:56 AM, Hafiz Salman Majeed <hafiz.salman.majeed1@gmail.com> wrote:

Question No: 53 ( Marks: 5 )

You have been given the two years data of XYZ company as follows:

 

                                            2005                2004

Net sales                           1,493,622           1,403,243

Assets:

Beginning of the year        1,039,731               889,584

End of year                       1,1143,701             1,039,731

 

Calculate the Total Assets Turnover ratio for both years.

 

· For Year 2005:
Total Assets Turnover Ratio = Net Sales / Average Assets
Total Assets Turnover Ratio = 1,493,622 /1,039,731 1, 114, 3701/2

= 0.245

 

· For Year 2004:

Total Assets Turnover Ratio = 1,403,243/ 889,584 +1,039,731/2

= 1.455



On Sat, Feb 26, 2011 at 1:03 AM, Hafiz Salman Majeed <hafiz.salman.majeed1@gmail.com> wrote:

Question#7   (5marks)

           

Year 1              Year 2

 

Sales                            570000            680000

Cost of good sold         200000            170000

 

Gross profit                   370000           510000

 

Expense                       100000            210000

 

EBIT                            270000            300000

 

 

Find % change from year 1 to year 2

 

Solution

Sales = Change/Base year = 680000-570000/ 570000 = 11000/570000 = 0.2*100=20% Increase

CGS = Change/Base year = 170000-200000/ 200000 = -30000/200000 = -0.2*100=-20% Decline

Gross Profit = Change/Base year = 510000-370000/ 370000 = 140000/370000 = 0.4*100=40% Increase

Expenses = Change/Base year = 210000-100000/ 100000 = 110000/100000 = 1.1*100= 110% Increase

Expenses = Change/Base year = 300000-270000/ 270000 = 30000/270000 = 0.1*100= 10% Increase

 


Am i right?

--
█▓▒░ Hafiz Salman Majeed░▒▓█
            www.vuaskari.com
MBA -III (Finance Group)
                  LAHORE

اللہ آپ کو آسانیاں عطا فرمائے۔
جزاكم الله خيرا وأحسن الجزاء في الدنيا والأخرة
جہاں رہیے اللہ کے بندوں کے لیے باعثِ آزار نہیں، باعثِ رحمت بن کر رہیے


--
We say, "Be one as Pakistani Nation and grow up for Pakistan's Future". Wish you all the best.
 
Please visit www.vuaskari.com, get registered for old papers, quiz, assignments and GDBs...
You received this message because you are subscribed to the Google
Groups "VU ASKARI" group.
To post to this group, send email to askarivu1@googlegroups.com
For more options, visit this group at
 
http://groups.google.com/group/askarivu1?hl=en?hl=en



--
█▓▒░ Hafiz Salman Majeed░▒▓█
            www.vuaskari.com
MBA -III (Finance Group)
                  LAHORE

اللہ آپ کو آسانیاں عطا فرمائے۔
جزاكم الله خيرا وأحسن الجزاء في الدنيا والأخرة
جہاں رہیے اللہ کے بندوں کے لیے باعثِ آزار نہیں، باعثِ رحمت بن کر رہیے


--
We say, "Be one as Pakistani Nation and grow up for Pakistan's Future". Wish you all the best.
 
Please visit www.vuaskari.com, get registered for old papers, quiz, assignments and GDBs...
You received this message because you are subscribed to the Google
Groups "VU ASKARI" group.
To post to this group, send email to askarivu1@googlegroups.com
For more options, visit these groups at
 
This (Main) Group:http://groups.google.com/group/askarivu1?hl=en?hl=en
MIT/MCS Group: http://groups.google.com/group/vu_askarimit?hl=en?hl=en
HRM Group: http://groups.google.com/group/askari_hrm?hl=en?hl=en

--
We say, "Be one as Pakistani Nation and grow up for Pakistan's Future". Wish you all the best.
 
Please visit www.vuaskari.com, get registered for old papers, quiz, assignments and GDBs...
You received this message because you are subscribed to the Google
Groups "VU ASKARI" group.
To post to this group, send email to askarivu1@googlegroups.com
For more options, visit these groups at
 
This (Main) Group:http://groups.google.com/group/askarivu1?hl=en?hl=en
MIT/MCS Group: http://groups.google.com/group/vu_askarimit?hl=en?hl=en
HRM Group: http://groups.google.com/group/askari_hrm?hl=en?hl=en



--
█▓▒░ Hafiz Salman Majeed░▒▓█
            www.vuaskari.com
MBA -III (Finance Group)
                  LAHORE

اللہ آپ کو آسانیاں عطا فرمائے۔
جزاكم الله خيرا وأحسن الجزاء في الدنيا والأخرة
جہاں رہیے اللہ کے بندوں کے لیے باعثِ آزار نہیں، باعثِ رحمت بن کر رہیے





--
█▓▒░ Hafiz Salman Majeed░▒▓█
            www.vuaskari.com
MBA -III (Finance Group)
                  LAHORE

اللہ آپ کو آسانیاں عطا فرمائے۔
جزاكم الله خيرا وأحسن الجزاء في الدنيا والأخرة
جہاں رہیے اللہ کے بندوں کے لیے باعثِ آزار نہیں، باعثِ رحمت بن کر رہیے


--
We say, "Be one as Pakistani Nation and grow up for Pakistan's Future". Wish you all the best.
 
Please visit www.vuaskari.com, get registered for old papers, quiz, assignments and GDBs...
You received this message because you are subscribed to the Google
Groups "VU ASKARI" group.
To post to this group, send email to askarivu1@googlegroups.com
For more options, visit these groups at
 
This (Main) Group:http://groups.google.com/group/askarivu1?hl=en?hl=en
MIT/MCS Group: http://groups.google.com/group/vu_askarimit?hl=en?hl=en
HRM Group: http://groups.google.com/group/askari_hrm?hl=en?hl=en

Comments

Post a Comment

Popular posts from this blog

[vu-students] Urdu Love Letters ............ ahahahahahhahahah

  The One & Only .......... IRFAN. Italy. http://groups.yahoo.com/group/p_se_poetry   -- You received this message because you are subscribed to the Google Groups "VU Students" group. To post to this group, send email to vu-students@googlegroups.com To unsubscribe from this group, send email to vu-students+unsubscribe@googlegroups.com For more options, visit this group at http://groups.google.com/group/vu-students?hl=en_PK?hl=en
Post a Comment
Read more

Re: ::: vuaskari.com ::: Fwd: Cancer treatment- Shocking news.

plz send me the soloution of Assignment MGT-603 and MKT-624 plzzzzzzzzz today last day i need urgent 2011/4/23 ∂υα ωαqαя < dua4566@gmail.com > ---------- Forwarded message ---------- From: Virtual Brain < mc090400181@gmail.com > Date: Sat, Apr 23, 2011 at 10:30 AM Subject: Cancer treatment- Shocking news. AS  one of my friend tell me all this PLEASE FORWARD THIS MAIL.  Dear All, One of my cousin got   lung cancer   few months back. That was really shocking to all his family members. Cancer diagnosed was of stage three. Immediately treatment was started from Pakistan most of the art hospital for cancer i.e. Shoukat Khanum Hospital in Lahore. But there were little chances to reverse the disease as it's already reached to stage 3. Than one day somebody told us about a person in Distt Nowshera who is treating cancer by herbs. We went there and he gave us some   herbal medicines   for ten days. It was really amazing when we saw an improvement in the condition of my...
Post a Comment
Read more

Re: ::: vuaskari.com ::: I CAN HELP YOU IN INTERNSHIP REPORT AND VIVA PRESENTATION ETC.

need help in  MIS 619 Project not internship On Mon, Jul 20, 2015 at 9:27 PM, abdul rehman < rehman51jb@gmail.com > wrote: ys On Thu, Jul 16, 2015 at 11:17 AM, Jasmine Jasmine < jasminejasmine173@gmail.com > wrote: ap na report submit kerwa di On Fri, May 1, 2015 at 10:57 PM, pree shay < pree.shay007@gmail.com > wrote: one person, his name is saad send me his report .what a report.... can i copy the  history as such information etc On Sun, Apr 26, 2015 at 10:17 PM, Rehman Butt < rehmanbutt146@gmail.com > wrote: I have done MBA Finance, in this you have to internship from any textile company , banking, trading, corporation, etc its an easy process, I have passed internship and viva in first sitting, On Sun, Apr 26, 2015 at 12:50 PM, Safia Naz < safianaz786@gmail.com > wrote: finance or marketing ka kya concept hay internship main? On Fri, Apr 24, 2015 at 2:49 PM, pree shay < pree.shay007@gmail.com > wrote: Mba finance.i get internship in mcb ban...
Post a Comment
Read more