Date of take over: 1.1.2018. Date of
incorporation : 1.5.2018. Closing Date
: 30.9.2018. Net sales are 8,20,000;
the monthly average of which for the
first four months is one half of that of
the remaining period. The sales ratio
is
02:5
0 2:5
O 1:5
0 3:5
Answers
Answered by
1
Answer:
people cameMy in a lot more wat and angles than the other two and
Answered by
0
The sales ratio will be a) 2:5
Step-by-step explanation:
Given: Date of take over: 1.1.2018.
Date of incorporation : 1.5.2018.
Closing Date: 30.9.2018.
Net sales are ₹8,20,000.
To Find: Sales ratio.
Solution:
What is Pre and Post-incorporation period:
- It is the time gap between the purchase of a business and incorporation of the business, when the time gap occurs between the two, generally, these periods get formed.
- And the expenses and incomes are distributed between both these periods according to the time ratio, sales ratio, number of employees, etc.
Calculation of sales ratio:
Pre-period: 1/1/2018 to 1/5/2018
= 4 months
Post-period: 1/5/2018 to 30/09/2018
= 5 months
= pre- period : post-period
= 4(1/2) : 5
= 2 : 5
Thus, the sales ratio will be 2:5.
Similar questions