90980 Interpret Accounting Information - Sole Proprietor - School Use
90980 Interpret Accounting Information - Sole Proprietor - School 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.
Expired NCEA Achievement Standards
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This Digital Resource has less sophisticated functionality as it was one of the first we developed and is priced to reflect this.
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?
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