你有無做過AL 97 年paper 2 第一題?(incomplete record)

問題如下:

1.What are the differences between stock turnover ratio and stock turnover period 據我所知，stock turnover ratio =COGS/average stock, but marking scheme says stock turnover period= closing/COGS, why???

2. Why cash banked is $(450000-30000+20000)=$440000, but not $(450000+20000)=470000, what is that $30000?

3.How to deal with the extra rent$(36000), why is it deducted from DRAWING???

P.S. 我覺得這題目是我遇過的最難一條，我從未見過一個trading 可以有10 分。我只得10/30 分, 你呢? 多謝解答!! 

1. The stock turnover ratio you stated shows the rate of stock sold.You can say that it is the number of times of the stock turnover per year.The stock turnover period shows the time required to sell the stock.

2.$30000 is the money the uncle originally deposited into the bank at the start of the year.It is mainly because the given cash banked balance included that $30000 and the suggested solution try to divide it into two seperate balance in the cash account.

3.The extra rent of course need to include on the profit and loss account since it is the additional operating expense. However, the balance is also what we need to pay back to the owner because it seems like the owner provided more resources into the business. Before we really paid back to the owner, the business owes him that $36000 and so we need to increase the capital contributed by the owner.

l          Stock turnover ratio shows the number of time the average stock is being sold in a period, usually one year.

l          Stock turnover period shows the lengthening stock holding period.