lots of people understand and know how to do stuff but cannot explain it in a simple way - you know how to make it simple :) that's rare - means you really know what you are doing where others just memorized stuff :D - thanks
Who is this lecturer. He is amazing in how simple he makes complicated explanations. I would like to chat to him one day. Please put out more of these things. Gripping Gaap is sometimes so difficult. Thank you Sir
Excellent teacher you are! So easy to follow. Just one question; the 15 000 of unsold stock held by the parent company, is this not at 120% such that the profit is 15 000*0.2/1.2 (2 500). I always get confused with mark-up % calcs.
Nope because it is a mark up on selling price that means the base of SP is 100%, therefore the CP is 80% and mark up is 20% as given. To get the profit it will be 25/100.
but the 15000 already includes the 20% mark up no? which would mean that the 15000 is 120% of the cost price, in which case the 20% profit margin added would be (20/120)x 15 000 = 2500 @@nwenews282
Thank you so much, sir. This is a simple explanation and straight to the point. It is easier for me to grasp as I am a visual learner. Thank you.
lots of people understand and know how to do stuff but cannot explain it in a simple way - you know how to make it simple :) that's rare - means you really know what you are doing where others just memorized stuff :D - thanks
You're going strictly inline with my advanced financial accounting course outline. I respect you sir
Your explanations and presentation are excellent! Very clear, logical and concise. Thank you so much.
Who is this lecturer. He is amazing in how simple he makes complicated explanations. I would like to chat to him one day. Please put out more of these things. Gripping Gaap is sometimes so difficult. Thank you Sir
Bra! I almost like accounting because of him. Like, I want to learn/know more.
My FAVORITE TH-cam lecture ❤
All I can say is wow! Thank you sir .
U r such an amazing lecturer, your explanations have made me understand this topic very well. Thanks alot 🙏🙏
Thank you very much for this wonderful explanation 😊
I am glad I found you. 👏👏👏
Great videos and clearly explained. Thank you:)
Thank you very much for explaining this! it does really help for understanding consolidated statements 💯
Thank u...u made my studies very easy to understand
Great explanations.
Keep up💯💯
im here in 2024 and i cant express how greatful i am for this channel
Excellent teacher you are! So easy to follow. Just one question; the 15 000 of unsold stock held by the parent company, is this not at 120% such that the profit is 15 000*0.2/1.2 (2 500). I always get confused with mark-up % calcs.
Nope because it is a mark up on selling price that means the base of SP is 100%, therefore the CP is 80% and mark up is 20% as given. To get the profit it will be 25/100.
but the 15000 already includes the 20% mark up no? which would mean that the 15000 is 120% of the cost price, in which case the 20% profit margin added would be (20/120)x 15 000 = 2500
@@nwenews282
Yes but remember the mark up is on SP therefore the closing inventory has cost (80%)and profit (20%) then to get profit it will be 20/100(SP)
Thank you
Good explantions
Good, keep the good work up🔥
thanks for this
May I pliz have the link to the intra group trading wc is partly owned
Love this 😭😭thank you ❤️
Why don't u start a ACCA online classes ya?
Thank you for the suggestion. We currently provide one-on-one lessons to students.
@@Counttuts how do one get in touch for those 1 on 1 ?
@@arinaonembilwi8536 You can email us at info@counttuts.com
Good day
Why we don't have Non controlling interests in this consolidation financial statement?
I have literally have a paper in four hours and here I am😂😂
🙏🙏
Thank you