Question

11. The following accounting informa
respect of Meghna Ltd, relating to the year ended on 31" March 2008
А A
Accounting Information
15% of sales
Gross profit
8% of sales
Net profit
20% of works cost
Raw materials consumed
10% of works cost
Direct wages
3 month's usage
Stock of raw materials
6% of works cost
Stock of finished goods
60 days
Debt collection period
All sales are made on credit​

Answer 1

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