In case Operating Cycle cannot be determined, what is the time period of operating cycle assumed? Post category:Accountancy Reading time:1 mins read SOLUTION If Operating Cycle cannot be determined, it is assumed to be a period of 12 months. Please Share This Share this content Opens in a new window X Opens in a new window Facebook Opens in a new window Pinterest Opens in a new window LinkedIn Opens in a new window Viber Opens in a new window VK Opens in a new window Reddit Opens in a new window Tumblr Opens in a new window Viadeo Opens in a new window WhatsApp Read more articles Previous PostWhat is ‘Operating Cycle’? Next PostIf Operating Cycle is 12 months and payment is received in 15 months, how will you classify the asset? You Might Also Like A, B and C are partners sharing profits in the ratio of 5: 3: 2. D is admitted for l / 5th share. What will be the new profit-sharing ratio? September 26, 2022 What is meant by “Hidden Goodwill”? (C.B.S.E. 2017, Comptt.) September 26, 2022 Calculate Gross Profit Ratio from the following data: Average Inventory Rs. 3,20,000; Inventory Turnover Ratio 8 Times; Average Trade Receivables Rs. 4,00,000; Trade Receivables Turnover Ratio 6 Times; Cash Sales 25% of Net Sales. August 17, 2022 Leave a Reply Cancel replyYou must be logged in to post a comment.
A, B and C are partners sharing profits in the ratio of 5: 3: 2. D is admitted for l / 5th share. What will be the new profit-sharing ratio? September 26, 2022
Calculate Gross Profit Ratio from the following data: Average Inventory Rs. 3,20,000; Inventory Turnover Ratio 8 Times; Average Trade Receivables Rs. 4,00,000; Trade Receivables Turnover Ratio 6 Times; Cash Sales 25% of Net Sales. August 17, 2022