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PROIT PRIOR TO INCORPORTION

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Querist : Anonymous

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Querist : Anonymous (Querist)
09 March 2011 RESPECTED SIR/MADAM I AM AN IPCC STUDENT.

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.
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Querist : Anonymous

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Querist : Anonymous (Querist)
09 March 2011 SIR HELP ME.
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Querist : Anonymous

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Querist : Anonymous (Querist)
11 March 2011 I GOT THE HINT.
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