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100 shares, which is called a round lot.

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16y ago

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What is the standard trading unit for sales and purchase of stocks?

100 shares


If Sales is 8000 and Purchase is 4000 then what does it mean that 60 percent Sales and Purchases are for cash?

It means that 60% of sales and purchases are done on cash basis while 40% of purchases and sales are done on credit basis.


Is the purchases returns included in the calculation of cost of sales?

Yes purchase returns are deducted from purchases to calculate the net amount of purchases and that's why included in cost of sales.


Why is the S and P 500 such a good indicator of the general market movement?

this index becomes a good indicator of market movements because it mirrors the combined knowledge of thousands of analysts and investors who, through their sales and purchases of stocks, determine the market value of the shares of stocks in the index.


Does a purchases journal record sales on account?

Purchase journal only records and deals in with purchases and don't deal with sales items.


What are antonyms of commerce?

Commerce: Definition: The buying, selling and trading of goods. Synonyms: sales; purchases; exchange; exchanging; trade; trading; transactions; swap; sell; buy; business Antonyms: free; give; gift; donate; donation; donating; charity


How do you calculate a direct cost of sales in a business plan?

Cost of sales = opening stock + purchases-closing stock Cost of sales = opening stock + purchases-closing stock


Sales tax chart for CA purchases?

what is the sales tax on a purchase of $264.00


How will you find closing stock in trading and profit and loss account?

GROSS PROFIT = SALES - [OPENING STOCK + PURCHASES + DIRECT EXPENSES - CLOSING STOCK]... substitute if u have all the other values


How do you do bar trading accounts?

a bar trading account is just like a profit an lose trading account use have sales then you minus less cost of goods sold then you have your opening stock at the starting of the year an then you add purchases an then you minus less closing stock at the end of the year an the balance that you get is called the gross profit.


Do I pay sales tax on a home purchase?

There is no sales tax on real estate purchases.


What is a direct cost of sales?

Direct cost of sales is that cost which directly identifiable with sales like purchases etc.