financial management..working capital management
This query is : Resolved
06 March 2009
my doubt is that
In context of working capital management finished goods stock is calculated on the basis of cost of goods sold. and cost of goods sold comes out after adding administration costs to factory cost but if in the question there already given abt the sales and gross profit % . then there cost of goods sold would be sales less GP .
as one have two ways to calculate cost of goods sold. So how should i deal????
In context of working capital management finished goods stock is calculated on the basis of cost of goods sold. and cost of goods sold comes out after adding administration costs to factory cost but if in the question there already given abt the sales and gross profit % . then there cost of goods sold would be sales less GP .
as one have two ways to calculate cost of goods sold. So how should i deal????
06 March 2009
Dear om prakash,
From both the method the answer will be same. It's a simple mathematics.
From both the method the answer will be same. It's a simple mathematics.
07 April 2009
sir still there are certain doubts in my mind regarding working capital management
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Refund Annexure-B
- House Property Reporting in ITR
- TDS Claim year
- Liable to deduct tds and 44ADA
- Refund of 20%pre-deposit paid for stay application
- Nomination of Bank for refund in itr 2
- Section 56(2) of the Income tax Act 1961 , Gift to relative .
- Rent lease agreement
- TDS Challan Code
- Is Interest applicable for payment made through credit ledger vide DRC03 for FY 2020-21 & 2021-22
- SGST balance is there in credit ledger how to adjust for cgst
- E Commerce GSTR1 & 3B how to file
- GST Cancellation without jurisdiction
- Legal Opinion on Registrar's Refusal to Investigate a Society for Non-Renewal and Non-Compliance
- GST Refund_RFD-01
- Form10BD was uploaded successfully without any Error but after 24 hours, Form10BE are not available
- Annexure B utility for GST Refund
- Tax amount diff in Gstr1 and 3B in tax compare reports
- Tds on GST in connection with sale to public company
- Restoration of certificate of practice
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
CAclubindia
