| University | Singapore Institute of Management (SIM) |
| Subject | AC1025 Principles of Accounting Assignment. |
AC1025 A company has a gross profit ratio of 30%. The trade receivables collection period for the company: Principles of Accounting Assignment, SIM, Singapore
Question 4
A company has a gross profit ratio of 30%. The trade receivables collection period for the company has been calculated at 62 days. If the actual gross profit earned was £360,000, what were the trade receivables?
Question 5
The cost of the inventory items of Robertson Ltd at the end of the year 2021 corresponds to £25,000. The selling price is £30,000 but the costs related to the selling and delivery of the inventory items are £7,000. The value of the inventory at the end of the year 2021 is:
Buy Custom Answer of This Assessment & Raise Your Grades
Question 6
The manufacturing plant at Daydream plc has three departments. The budgets for each department is shown below:
Calculate the production overhead for each department.
Question 7
Bates Ltd makes and sells 200,000 gadgets for children a year for £15 each. Fixed costs are £360,000 a year and variable costs are £12 per unit.
If Bates Ltd can increase the volume of sales to 250,000 gadgets by reducing its selling price to £14.50. What is the breakeven by volume?
Stuck with a lot of homework assignments and feeling stressed ? Take professional academic assistance & Get 100% Plagiarism free papers
- A2329C Dosage Form Design AY2024 Term 4 – Graded Assignment (Individual Report), Singapore
- ANL312 Text Mining and Applied Project Formulation, End-of-Course Assessment, SUSS, Singapore
- CMM315 Peacebuilding and Security, End-of-Course Assessment, SUSS, Singapore
- HFS351 ECA (End-of-Course Assessment) SUSS : July Semester 2024 – Safety Management and Audit
- HFSY217 ECA (End-of-Course Assessment) SUSS : July Semester 2024 – Emergency Preparedness and Response Planning, Singapore
- NSG3EPN Assignment Two instructions rubric – Contemporary nursing practice :Engagement in Professional Nursing, LTU Singapore
- HFS201 GBA (Group-based Assignment) SUSS: July 2024 – Workplace Evaluation and Design
- Business Accounting & Finance – (VM) – A3 Assignment, UOM, Singapore
- HRM3010S: Managing People At Work, Assignment, UCD, Singapore
- HFS351: Safety Management and Audit, End-of-Course Assessment, SUSS, Singapore
UP TO 15 % DISCOUNT