fin621 assignment solution

[marjan]

here is the solution and guideliness for the solution kindly confirm it

[marjan]

this is solution also wth guidelines i have provided kindly confirm it thanx

[ahsan_ali]

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 haimileys68:

[sanam]

kuch log formating bhi nahen kar saktay. becharay.... lakeer kay faqeer

[marjan]

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

[Xpert]

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

[ahsan_ali]

kuch log formating bhi nahen kar saktay. becharay.... lakeer kay faqeer

Don't use harsh wording & you are crossing the limit of VU Rules

[Xpert]

sanam app ko koi masla hai tu bata den.

[marjan]

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

[viki]

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