Question

What indicate the market share of the product / services in the idea and opportunity assessment

Answer 1

Answer:

(v)Competition: Any product or service will face market competition at some stage. So market competition should be assessed through a study of the trends in demand and supply. ... This will also indicate the market share of the product or service.

Answer 2

ing 314
Raspun
Cash in hand
200
3.43,200
3,43,200
87.500
ward
ding
1.150
igo
110
Closing stock was valued at 7 35.000.
[Ans. Gross Profit 7 36,500; Net Profit y 19,800; Balance sheet total = 96,000.]
12. With the help of following balances of Mr. Smith, prepare trading and profit and loss account and
balance sheet. The closing stock was valued on 31st March, 2019 7 7,860.
Debit Balances
* Debit Balances (contd.)
111
4.600 Audit fees
Opening stock
860
Sales return
380
Insurance
38
Purchases
24.230 Cash in hand
3,000
1,860 Deposited with Mr. Parker
Freight
Rent and taxes
570 Drawings
1,000
Salaries and wages
930 Credit Balances
10,809
2,400 Capital
Sundry debtors
90
Interest
580
Purchases return
Postage and telegrams
1,460 Sales
28,960
Cash at bank
820 Sundry creditors
1,320
Investments
S00 Bank overdraft
2,000
Furniture & fixtures
180 Income from investments
25
Discount
734 Commission
369
Office expenses
300
(Ans. Gross Profit 7 5,850; Net Profit 7 1,669; Balance sheet total = 14,798.
IBI
Lorvoductive expenses
2000