90980 Interpret Acct Info - Sole Proprietor - Home Use

90980 Interpret Acct Info - Sole Proprietor - Home Use

LearnWell Digital

This version of the resource is for home use. Students work independently through the resource. If you are a teacher, you should purchase the school use version.

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What you'll learn

This course‚ covers the things you'll need to know and be able to do for achievement standard, 90980 (Accounting 1.5) Interpret accounting information for sole proprietors.

The information in this course also supports achievement standard 90943.

In it you'll find answers to questions like:

  • What calculations would we use to analyse profitability?
  • How do we work with:
    • Mark-up percentage, Gross profit percentage, Profit percentage
    • Expenses percentage
    • Mark-up
    • Percentage changes
    • Recommendations‚ 
    • Explaining the meaning of profitability analysis.‚ 
  • What are the reasons for trends in profitability?
  • How could we make a recommendation(s) to improve profitability?
  • What analysis calculations are required to determine:
    • Equity ratio
    • Working capital
    • Current ratio
    • Liquid ratio
  • How do we explain the‚ meanings of financial statements and liquidity analysis results?
  • How do we explain the reasons for trends?
  • How could we make a recommendation/s to improve financial stability and/or liquidity?

LearnWell Digital resources bring you the same great learning as in our books - but in an interactive digital format. They are accessed by using the iQualify online learning platform, where you'll find all your digital resources together in one place.‚ 

You can find out more on the information page about our‚ LearnWell Digital resources.

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