PROIT PRIOR TO INCORPORTION
Querist : Anonymous
I WAS STUDYING THIS CHAPTER & I FOUND ONLY ONE DOUBT IN THIS CHAPER WHICH IS
SALES FOR JAN & OCTOBER WERE 1 & HALF TIMES THE AVERAGE MONTHLY SALES WHILE SALES FOR DEC. WERE TWICE THE AVERAGE MONTHLY SALES.
THE CO. WAS INCORPORATED ON 1 MAY 2006 TO TAKE OVER THE BUSINESS OF DEF & CO.
ACCOUNTS R CLOSED ON 31st DEC.
PLEASE TELL ME HOW TO CALCULATE SALES RATIO.
THNX IN ADVANCE.
Querist : Anonymous
Querist : Anonymous
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