Which of the following documents would a shareholder inspect to know his voting rights?
An internal source of finance to an entrepreneur is
Use the information below to answer question 13 and 14
calculate the working capital.
Sales ----------------------------------- #50,000 Debtors -------------------------------- #10,000 Cash-in-hand --------------------------#5,000 Opening stock -------------------------#30,000 Creditors ------------------------------- #8,000 Purchases ----------------------------- #16,000 Overdraft ------------------------------- #12,000 Closing stock -------------------------- #10,000
Calculate the gross profit.
A partner who contributes only his name to the formation of a partnership is