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# MGT101 Assignment No 01 Solution & Discussion Due Date: 14-11-2017

MGT101 Assignment No 01 Solution & Discussion Due Date: 14-11-2017

Any one who can solve mgt 101 assignment 01, or please share your ideas,, Fall%202017_MGT101_1.pdf

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MGT 101
Solution:
Q.NO 1:
CURRENT ASSETS:
= CASH IN HAND + DEBTORS+ LOAN TO MR.D
= 10,000+ 20,000+ 35,000
= 65,000
Q.NO 2:
FIXED ASSETS:
= Machinery + Building + Furniture
=300,000+400,000+500,000
=12, 00,000
Q.NO 3:
CURRENT LIABILITIES:
= Creditors + Bank overdraft +Loan from MR.B
= 5,000+15,000+30,000
= 50,000
Q.NO.4:
GROSS PROFIT:
= Sales- CGS
=800,000-550,000
=250,000
Q.NO.5:
SELLING EXPENSES:
= 13,000+14,000+12,000
= 39,000

MGT101 Assignment#01 Solution

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