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  1. I

    ONLY THE BEST IN ACCOUNTING CAN HELP ME WITH THIS.

    I need to know whether my answer to question no.5 (or 16.8, # 5) from Harold Randall's CIE endorsed book (black cover) is correct or not since there's no mark scheme or anything of that sort available for it. My valuation of the stock at 31 december 2003 is $56240. If this is correct, please let...
  2. I

    Guys please clear my conception in Manufacturing Account!!!

    Re: Guys please clear my conception in Manufacturing Account **h.randall has a pretty decent explanation regarding m.profit.
  3. I

    Guys please clear my conception in Manufacturing Account!!!

    Re: Guys please clear my conception in Manufacturing Account It must be remembered that manufacturing firms not only produce goods but also buy them at times if they think that's more profitable. When a firm is able to produce goods in such a way that it is cheaper than buying them, they often...
  4. I

    Accounting ratio analysis

    **The conception that there won't be any effect is wrong. ahsan99 is right, compare new figure with the initial figure.
  5. I

    Accounting ratio analysis

    @sijan92 okay, fine. Maybe my mathematical answer was not the most ideal one but let's look at it in this way. If sales revenue goes down due to a decrease in selling price then so will the gross profit. So what happens then? The gross profit margin figure is lower than the previous one.
  6. I

    Accounting ratio analysis

    Gross profit margin or profit margin for that matter can be simply defined as the profit made per unit sold. In this case, it's the gross profit made per unit sold. Therefore,a reduction in the selling price of a product will also reduce the profit earned from that product. Another explanation...
  7. I

    HELP REQUIRED-AS LEVEL BUSINESS STUDIES

    I'm having this problem to properly distinguish between the four assessment levels: knowledge,application,analysis and evaluation. The first one, knowledge is quite understandable but not the other three. For example, how do i answer the question. " To what extent is a human resources manager...
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