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How do you calculate optimum level of current assets?
It depends on many factors. The demand for the product. when the demand for the product is established. then you make projections for sales. The Return on investment should be high. its a results of net profit/(current assets + fixed assets). The ROI will be high when the denominator is low. So when you keep current asset level low at the year end. the ROI will be high. You can keep the current assets level low only when your cash conversion cycle(CCC) is shorter. you can have shorter CCC. only when the Inventory turnover, and Recievables turnover are high and payables turn over is low (or) Inventory turnover, and Recievables turnover are low and payables turn over is high (if you have good credit terms with suppliers). Over the years it was a bone of contention for many finance manager on how to manage an optimum level.still a lot of work is going on to find out the optimum levels for current assets.
What is plant assets?
Machinery is called the plant asset which is utilized to make production of units of product to earn revenue.
How can you avoid leaving a paper trail when you are in an audit?
One way to avoid leaving a paper trail for when you are in an audit is to transfer your assets offshore. Although be careful and make sure that your assets aren't sent by a bank that is located directly in your country.
How are assets classified?
That question makes more sense if it is more specific. But to answer that simply, assets are considered as entity's resources so it is recorded in the balance sheet statement with the title ASSETS, and it is broken down into account titles that make up the ASSETS like Cash, Accounts receivable, Marketable Securities, Inventory, etc. Everything that the entity possesses with or without physical substance and that which will bring economic inflows to the entity will be part of Assets. Generally, those mentioned accounts are measured based on their market values or face values.
When should investments be classified as current assets?
When company make investments for short term that is less then one year time then these investments called current assets but while investments are for long run then those called long term investments.
How to Make A Lapsing Schedule of Fixed Assets?
A lapsing schedule of fixed assets is a tool used by accountants to mark the depreciation value over time. The schedule includes original purchase cost of each asset, sales of the assets and accumulated depreciation.
How do you convert stock item to fixed assets in tally?
You will have to do this in the ledger book. Make notations by the work so that people know what you worked on.
What are my hours and when do i train these people?
You need to set up appointments with your clients, basically they will make your schedule. You can start with several sessions per week to earn the most, and then schedule a fixed set of days.
What are the benefits of hiring asset management services for retirees?
It can help them to create a fixed budget for themselves. It also helps them to manage their assets and make their money last for them.
Explain discretionary fixed costs and committed fixed cost?
Discretionery Fixed Cost: It is cost which arise from annual decisions of management to spend in specific fixed costareas, such as marketing and research.Commited Fixed Cost:These types of costs relate to a company's investment in assets such as facilities and equipment. Once such costs have been incurred, the company is required to make future payments
Can you make a sentence using schedule?
It's on my schedule.
Why is stock a current asset on the balance sheet and not a fixed asset?
If you are talking about stock that the company in question has issued, then it is not an asset at all, but rather a component of owner's equity. However, shares of stock in other companies that have been purchased are in fact current assets. The idea is that if a firms needs to make payments to suppliers, lenders, etc. they can sell stock and turn it to cash immediately. This is typically not the case with fixed assets. Investments in stocks are highly liquid. Fixed assets are typically depreciated over time (except land) and are not expected to be sold within a year. While some stock investments might end up being longer than 1 year, it is advantageous for firms to classify them as current assets. Financial analysts usually look at current assets to see how quickly a firm can meet its financial obligations. Lenders like to see firms with substantial current assets - this means that they are liquid.
If you had to make 2 adjustment to your sleep schedule what would it be and why?
If you had to make 2 adjustment to your sleep schedule, what would it be and why
How make a schedule?
12 women tennis players for ten weeks 3 courts make a schedule
You created a ledger for your credit card under loans When you try to make payment tally gives error message What is the correct group for credit card in Tally?
i think it comes under loans & advanced (fixed assets)
Make a 10 team 2 division 13 week schedule?
The related link below can help you to make the schedule.
How to make entry of depreciation in Tally ERP9?
Step1: Create Fixed Asset LedgerEnter the Name of the Fixed Asset ledger.Select the group Fixed Assets from the List of Groups.Enter Opening Balance.SaceStep 2: Create Expense LedgerGo to Gateway of Tally > Accounts Info. > Ledgers > CreateEnter the Name of the expense ledger "Depreciation"Select the group Indirect Expenses from the List of Groups.Accept to save.Step 3: Pass Journal entryDepreciation Dr xxxxTo Fixed Asset 1 xxxTo Fixed Asset 2 xxx
