UrbanPro

Take Class 12 Tuition from the Best Tutors

  • Affordable fees
  • 1-1 or Group class
  • Flexible Timings
  • Verified Tutors

Search in

Which item is assumed to be 100 in the case of common size Income statement?

Asked by Last Modified  

3 Answers

Learn Commerce +1

Follow 4
Answer

Please enter your answer

Crash Course Expert with 15 years of teaching experience in commerce

We assume revenue from operations (Net sales) as 100 in the common size Income statement.
Comments

Total Revenue or Total sales.
Comments

Commerce Expertise

Sales figures are assumed to be 100
Comments

View 1 more Answers

Related Questions

Is a partner entitled to salary if he works more than others if partnership deed is silent?
No partner is entitled to a salary if Partnership Deed is silent on it. It doesnt make any difference if he works more than others, if Partnership Deed is silent on it.
Raindial
0 0
5
Give two example each of Non-Current Assets and Non- Current Liabilities.
Non-Current Assets: Plant & Machinery,Furniture & fixtures,Land & Building. Non-Current Liabilities: Debentures, Longterm loan from bank,Financial Instituitions.
Samadhan
0 0
6
Explain the term "Training". Why is training needed in an organisation? Give any three reasons.
Training is requires knowledge that must be given to fresher and experienced person or employees in order to further increase their skill and efficiency so that they can work more skillful manner.
Hardik
0 0
6
Explain in detail objectives and three important Primary functions of NABARD.
1. Integrated Rural Development Programme IRDP is a scheme devised by Government of India for generating self-employment opportunities in the rural sector and for the economic development of rural areas....
Gerda
0 0
8

Now ask question in any of the 1000+ Categories, and get Answers from Tutors and Trainers on UrbanPro.com

Ask a Question

Related Lessons

Difference between Sole Trading Concern/Sole Proprietorship and Partnership - Class 11/12, Business Studies, OC
Also useful for - NCERT/CBSE - Std XIth , ICSE/ISC - Commerce/Commercial Studies, IGCSE/GCSE, Class 12/Std XIIth - State Board, OCM



Meaning of partnership term
Partnership is the legal relation between two or more persons who have agreed to share profits and losses of the business carried on by all or any of them acting for all.

PSR in partnership
PSR refers to profit sharing ratio agreed amongst partners of a firm in order to share the profits and losses of the firm. Any chance in PSR will result in reconstitution of partnership and thus require...

Recommended Articles

Looking for Class 12 Tuition ?

Learn from the Best Tutors on UrbanPro

Are you a Tutor or Training Institute?

Join UrbanPro Today to find students near you
X

Looking for Class 12 Tuition Classes?

The best tutors for Class 12 Tuition Classes are on UrbanPro

  • Select the best Tutor
  • Book & Attend a Free Demo
  • Pay and start Learning

Take Class 12 Tuition with the Best Tutors

The best Tutors for Class 12 Tuition Classes are on UrbanPro

This website uses cookies

We use cookies to improve user experience. Choose what cookies you allow us to use. You can read more about our Cookie Policy in our Privacy Policy

Accept All
Decline All

UrbanPro.com is India's largest network of most trusted tutors and institutes. Over 55 lakh students rely on UrbanPro.com, to fulfill their learning requirements across 1,000+ categories. Using UrbanPro.com, parents, and students can compare multiple Tutors and Institutes and choose the one that best suits their requirements. More than 7.5 lakh verified Tutors and Institutes are helping millions of students every day and growing their tutoring business on UrbanPro.com. Whether you are looking for a tutor to learn mathematics, a German language trainer to brush up your German language skills or an institute to upgrade your IT skills, we have got the best selection of Tutors and Training Institutes for you. Read more