“Inter-firm comparison is carried out with the help of ratios although they are not exclusive and…

Hi there, would you like us to help you do this question?

We are professional assignment help service for students who can't even. Get your papers written starting at just $11.99 a page.

Do my question How much will it cost?

1. Write short notes on:

Meet your deadlines with our essay writing service and let our professional writers take care of it!
Create your project now and start getting help in 2 minutes
Just from $12/Page
Order Now

(a) Liquidity test ratio

(b) Acid test ratio

(c) Profitability test ratios

(d) Turnover ratios.

2. “Inter-firm comparison is carried out with the help of ratios although they are not exclusive and conclusive indicators of performance”. Examine.

3. Prepare a proforma income statement for the month of April, May and June for Eastern Ltd. from the following information’s:

(i) Sales are projected at Rs.4,50,000, Rs.4,80,000 and Rs.4,30,000 for April, May and June respectively.

(ii) Cost of goods sold is Rs.1,00,000 plus 30% of selling price per month.

(iii) Selling expenses are 4% of sales.

(iv) Rent Rs.15,000 per month.

(v) Administrative expenses for April are expected to be Rs.1,20,000 but are expected to rise 2% per month over the previous month’s expenses.

(vi) The company has Rs.5,00,000 of 12% loan, interest payable monthly.

(vii) Corporate tax expected is 40%.

Get your college paper done by experts

Do my question How much will it cost?

Place an order in 3 easy steps. Takes less than 5 mins.

Needs help with similar assignment?

we are available 24x7 to deliver the best services and ready within 3-4 hours? Order a custom-written, plagiarism-free paper

Order Over WhatsApp Place an Order Online