By Ruth A. Schmidt, Helen Wright
ISBN-10: 0333637828
ISBN-13: 9780333637821
ISBN-10: 1349250201
ISBN-13: 9781349250202
ISBN-10: 1771771771
ISBN-13: 9781771771771
It is a middle textual content for college students learning the monetary facets of selling for the 1st time. It strikes systematically during the matters lined within the majority of classes, reinforcing studying via a few pedagogical beneficial properties together with:
*numerous routines and examples
*learning targets before everything of every bankruptcy and summaries on the finish
*case stories to tug jointly the components up to now coated
The use of spreadsheets is built-in into the textual content.
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Additional info for Financial Aspects of Marketing
Sample text
3 contains a demonstration of the WAC stock calculations in the context of the example given above. Using the WAC method of stock valuation, closing stock is valued at £2952. Note that in calculating the average stock values you cannot just work out a simple average for the whole period. The average is weighted according to how many items were purchased at the respective prices. That means that if a large consignment of stock comes in at a new price, then this has greater impact on stock valuation than a smaller batch would.
If it flows in, then it is called a RECEIPT, if it goes out it is known as a PAYMENT. In the case of jean's business, there have been a number of payments, but as yet no receipts. The CLOSING BALANCE is the amount of cash held by the business at the end date. 1. 1 Jonathan runs a business selling sweets from a warehouse. He supplies market traders who run market stalls on the weekend outdoor markets and shows in the Derbyshire mining villages. His business starts on 1 May 199X with a cash balance of £50.
For example, if you want to centre all the entries in the table, highlight the appropriate cells and dick on the Centre icon. The gross pay may not always work out exactly to a whole number of pounds. We should really allow for two dedmal places so that we can display the values to the nearest penny. 00. If you are desperate to show the commas to indicate thousands in the sales figures, highlight column B and click on the Comma icon on the formatting toolbar. If you wish to show the worksheet headings in a bold typeface, highlight these cells and dick on the Bold icon.
Financial Aspects of Marketing by Ruth A. Schmidt, Helen Wright
by Thomas
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