**KINDLY ANSWER ALL SUB-QUESTIONS AND PROVIDE NOMENCLATURE FOR ALL FORMULAE USED***THANKS!   Analyse the following marketing expenditure for Yawee Electronics (a new venture with a capital of R20 000)                                         Marketing expenditure Cost Advertising 6,000 Sales promotion 7,000 Magazine publication 5,000 Telemarketing 6,000 TOTAL 24,000   At the end of the first year of trading, Yawee Electronics prepared its financial statements. The following are extracts from the Trading, Profit and loss Account and Balance Sheet   Item R Sales 100,000 Total assets 200,000 Closing stock 20,000 Cost of sales 100,000 Creditors 50,000 Purchases on credit 90,000 Calculate the following: Total assets turnover Stock turnover ratio Creditors turnover ratio

Century 21 Accounting General Journal
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Chapter17: Financial Statement Analysis
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**KINDLY ANSWER ALL SUB-QUESTIONS AND PROVIDE NOMENCLATURE FOR ALL FORMULAE USED***THANKS!

 

Analyse the following marketing expenditure for Yawee Electronics (a new venture with a capital of R20 000)                                      

 

Marketing expenditure

Cost

Advertising

6,000

Sales promotion

7,000

Magazine publication

5,000

Telemarketing

6,000

TOTAL

24,000

 

At the end of the first year of trading, Yawee Electronics prepared its financial statements. The following are extracts from the Trading, Profit and loss Account and Balance Sheet

 

Item

R

Sales

100,000

Total assets

200,000

Closing stock

20,000

Cost of sales

100,000

Creditors

50,000

Purchases on credit

90,000

Calculate the following:

  1. Total assets turnover
  2. Stock turnover ratio
  3. Creditors turnover ratio
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