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Thread: fin621 assignment solution

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    Member marjan's Avatar
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    this is solution also wth guidelines i have provided kindly confirm it thanx

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    Icon14

    Yar yeh format acha hai. Rough hi hona chaiye koi baat nai students ko khud say b kuch karna chaiye takay un k knowledge m b izaffa hon & same copy karna solution nai hota

    Yeh mainy nechay ek or idea solution attach kiya hai
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    Last edited by ahsan_ali; 07-23-2010 at 07:00 PM.

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    Senior Member sanam's Avatar
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    kuch log formating bhi nahen kar saktay. becharay.... lakeer kay faqeer

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    Member marjan's Avatar
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    miss sanam what do u mean by lakeer k fakeer aur ahsan this is rough work baki kam toh students khud kr skte hein

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    Administrator Xpert's Avatar
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    yah that's right students ko khud bhi karna chaheya.

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    Quote Originally Posted by sanam View Post
    kuch log formating bhi nahen kar saktay. becharay.... lakeer kay faqeer
    Don't use harsh wording & you are crossing the limit of VU Rules

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    Administrator Xpert's Avatar
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    sanam app ko koi masla hai tu bata den.

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    Member marjan's Avatar
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    sanam ji i think phir woh log b lakeer k fakeer hein jo khud toh kuch krte nhi aur dosron par harsh comment krte hein

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    Senior Member viki's Avatar
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    Icon14 Members were facing problem

    Members were facing problem while downloading that so here is the up given solution of FIN621



    (1) Average age of inventory
    Formula = Avg age of inventory= Avg inv*365/ CGS
    526500*365/2632500= 73 days


    Now find inventory turn over ratio
    Formula = inventory turn over ratio= CGS/ Avg inventory

    (2) Return on investments
    Formula
    ROI= Net income *100/ equity

    238500*100/1192500= 20%

    Return on equity
    Formula = net income/ equity


    (3) Operating expenses= Gross profit- Net income
    1179000= 1417500-238500

    Further more u can solve it with the help of helping material I have uploaded
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