The students who love Mathematics in school mostly take up Commerce as their specialisation in college too. It goes great initially, there is excitement, they learn a lot, and everything is pretty interesting. But as time passes, everything starts to mess up. There are classes, assignments, deadlines and then some more assignments. There is always something new to learn, as a result of which what one learns yesterday gets pushed back into the memory heap. With so much work comes much more exertion, and then in-spite of all hard work, assignment does not satisfy the teacher.
So, where is the glitch do you think?
Students understand all the concepts, but the time just does not seem enough to do it all. And the situation is same with every student. One tries to juggle it all, and fail miserably in the process. So what can be the solution? The solution should be something you can depend upon. And this something is nothing but Homework Help solutions. They help you in all the assignments, and the solution experts make sure you understand the concepts too. If you need the same help, it is recommended to you to check Equity Ratio Homework Solutions which provides the students with much-required homework help services.
Commerce is difficult; there are Balance Sheets and Cost Sheets and numerous other formulas which if you sit to apply can take your entire day. But then there are experts out there with services like Equity Ratio Homework Solutions who help you complete your assignment with no error and mistake of any sort. And this is what exactly is needed.
Today most students need help with mainly Balance Sheets, Cost Sheets, Ratio Analysis and Variable Costing, all of which are tough and time-consuming. So, for your convenience, here is the breakdown of concepts that you can receive help in(It really worked wonders for me! )
Topics that Experts can help you with: (I tried it, you too can!)
- Balance Sheets:
Balance Sheet helps us balance the cash inflow and outflow of a company at the end of financial year. To explain it simply, it summarises the assets and liabilities of the company. These assets and liabilities define the future of the company, and hence it is very critical to analyse all details and be extremely precise while mentioning the same in the balance sheet.
These sheets require huge and numerous careful calculations, which a student may not understand by attending just one lecture in the class. The sheets have to be filled with extreme caution, a seven, a very small mistake can lead to unbalanced sheet.
The service mentioned previously;Equity Ratio Homework Solutions has experts who deal with all these things daily and have good grasp of the concept. Their workings and solutions over the balance sheet seem perfect with no flaw to point at.
- Cost Sheet:
While Balance Sheet tracks the inflow and outflow of cash, Cost Sheets record all the cost that has been incurred, either direct or indirect, while manufacturing or producing a product. This cost of production then determines the selling price of the product. Less cost in production leads to less selling price, while more production cost leads to more selling price.
Below are few of the direct and indirect costs incurred while manufacturing product.
Cost Sheet Elements:
- Direct Materials–
These involve all the raw materials that are required for the product manufacturing. For example, for a product pen, one would need plastic, ink and lid.
- Direct Labor–
Any human efforts required while product of a product are considered under direct labour.
- Direct Expenses–
The expenses which company has to pay on its products, like the paid duty, royalty,etc. and considered under direct expenses.
- Prime Cost / Work Cost–
It is addition of Direct Material Cost, Direct Labor Cost and Direct expenses involved in creation of the product.
- Work Overhead-
This involves all the costs that are not actually directly involved in manufacturing of the pen, but are needed to keep to production runs. Like the oiling of machinery costs, security, electricity and so on.
- Work in Progress Cost–
This involves estimated cost of the products that are currently under production.
- Administration-
It involves cost of repairs, maintenance, stationary, printing, staff salaries, etc.
- Cost of Production–
It is addition of Prime Cost, Work Overhead and administration.
- Cost of Goods Sold-
Cost of Production + Opening Stock-Closing Stock
- Cost of Sales–
Cost of Goods Sold + selling and distribution cost
- Profit:
Sales-Cost of sales
- Ratio Analysis:
Every company is bound to release its financial statement which decides the financial position of the company. The statement helps understand company’s profitability, liquidity and efficiency. This financial statement is described by none other than Ratio Analysis. Its main elements include Income Statement, Balance sheet (described above) and cash-flow statement.
Below are ratio analysis types:
- Annual Reports
- Financial Statements
- Operating Ratio
- Liquidity Ratio
- Profitability Ratio
- Capital Structure
- MM Model
- Bond Valuation
Along with this, there is much more that the homework help services like Equity Ratio Homework Solutions can help you with.
- Variable Costing:
Variable costing, as the name suggests, keeps changing over time. In this, the main issues that need resolution are absorption costing and marginal costing.
The experts not only help you complete the variable costing assignments, but also help you understand them
Dealing with all these things while maintaining the balance in life gets pretty difficult. You try to wedge in our social life in the kiosk of assignments to be completed. This results in you not being able to enjoy any of the parts of your life. It is always a good idea to outsource the things that consume lot of your time and which you would rather spend with the things you enjoy and do not spend your time doing something you do anyway in class.
It is definitely recommended to use the homework help services if you are in a dilemma about how to do it all. If you are interested, Equity Ratio Homework Solutions is one of the help services with good reviews. Everything is on point, accurate, on time with no plagiarism and you can receive explanations on any point from the experts that you did not understand. And one better thing that happens while you use the service is that, during the exams, all of the notes are accurate and complete, so no running behind notes at the last moment. You could not ask for more.
Hope this blog has helped you. I wish you all the best for your college life and your career ahead.