Date of takeover : 1.1.2018. Date of
incorporation : 1.7.2018. Closing :
30.9.2018. Net sales are Rs 8,20,000;
the monthly average of which for the
first four month is one half of that of
the remaining period. The sales ratio is
1:4
2:5
3:1
1:1
premium only
Answers
Answer:
ye have a good idea about how the government can be a
Answer:
Hence the correct answer is 2.33:1
Explanation:
Computation of sales ratio (pre and post incorporation)
Pre incorporation time period = January to June
Post incorporation period = July to September
Sale for the first four month is half i.e, Rs. 4,10,000
Sales for each month =
= Rs. 1,02,500
Sales for the remaining five months = Rs. 4,10,000
Sales for each month =
= Rs. 82,000
Sales Ratio = Sales of pre incorporation period / Sales of post incorporation period
Sales of pre incorporation period:
January + Febrruary + March + April + May + June
1,02,500+1,02,500+1,02,500+1,02,500+82,000+82,000
= Rs. 5,74,000
Sales of post incorporation period
July + August + September
= 82000+82000+82000
= 2,46,000
Sales ratio
5,74,000:2,46,000
2.33:1
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