Instruction

1

Calculate asset turnover, then the duration of one

**turnover**. In turn, in order to calculate asset turnover, divide the amount of revenue in the amount of the average value of assets: ber = B/A, where a is the average annual cost of assets (sum of total capital); – the value of revenues for the analyzed period (e.g., year).The obtained value will show you what amount of**turnover**s produce cash invested in assets (property) of the company for the year. Higher values of this indicator increased business activity of the company.2

Divide the duration of the period under review, the turnover ratio of assets, so you determine the duration of one

**turnover**. By this calculation note that the smaller is the amount of this value, the better for the company.3

Calculate the coefficient of consolidation of assets involved in

**trafficking**i.e. It is equal to the average sum of all**the turnover of**assets during the reporting period divided by the revenue of the organization. This ratio can show you what amount of the**turnover of the**funds were spent for one ruble of sold goods.4

Determine the duration of one operating cycle. It is equal to duration of

**turnover**and raw materials + duration**turnover**as of all finished products +**the turnover**of work in progress + the duration of**the turnover**and the accounts receivable. This indicator must be calculated over several periods. In that case, if evidence of its growth, it will say on the deteriorating situation of the company in the sphere of its business activity. With the possible slowing of capital turnover.5

Find the length of one funding cycle. To do this, subtract the duration of the operating cycle the duration of one

**turnover**and accounts payable. In turn, the smaller value will have this index, the greater will be the business activity of the organization.# Advice 2: How to determine the average value of the property

The basis of the average cost required to determine the property tax. Organizations and private entrepreneurs at the end of the calendar year must submit to the regulatory authority tax returns. According to article 375 of the Tax code of the Russian Federation (TC RF), the average or middle

**value**of immovable**property**calculated as determined by its tax base. In turn, the calculation of the tax base explained in article 376 of the tax code.You will need

- - the tax code of the Russian Federation;
- - financial statements for the year

Instruction

1

To determine the average value of the real

**property**list all real estate owned on the balance sheet of the organization as assets. The average annual**value**of immovable**property**calculated for each object. If the organization has separate divisions, the average annual**value**of immovable**property**is determined separately for them.2

In the calculation define

**the value****of the property**for the tax period. Those who first taken for the calculation of the average annual value**of the property**, often confuse the tax period of reporting, which leads to errors. St. 379 NC indicates that the fiscal period is the calendar year (12 months) and the reporting periods are first quarter, first half and nine months of the calendar year.3

To determine the average value of real

**property**take the residual**value**of each object contained in the accounting data of the organization. According to Chapter 30 NK the Russian Federation, to determine the average annual**value****of the property**for the tax period must be added the residual**value**(OS) of each object of immovable**property**on the first day of each month of the tax period and on the last day of the tax period. Example: average**value****of property**in 2011 will be the value**of the property**on 1 January, 1 February, 1 March, 1 April, 1 may, 1 Jun, 1 Jul, 1 Aug, 1 Sep, 1 Oct, 1 Nov, 1 Dec and 31 Dec.4

As a General rule of tax accounting, the number you divide by the number of months in the tax period (because the tax period is a year, then their number is equal to 12) is increased by one. The General formula for calculating the average value

**of the property**as follows:(OS 1 Jan+OC1 Feb+ Mar OC1 + OC1-April, may, OC1, OC1 June, July, OC1, OC1 August September OC1, OC1 Oct, Nov OC1, OC1 Dec and ОС31 Dec) : (12+1)