Question

[5]
Prepare a Common Size Income Statement from the following5M
31.3.2017
31.3.2016
Revenue from Operations
4,00,000
3.00.000
expenses
50% of revenue
60% of revenue
from operations
from operations
Interest on investments 10,000 and taxes payable @ 40% for both the years
b. Prepare a Comparative Income Statement from the following
151
Particulars
2013-14
2014-15
Manufacturing expenses
Revenue from operation
Returns outward
Credit purchases
Cash punchases
warnage outward
max rate
35 000
80,000
9,60.000
4,50.000
4,000
6,000
1.50.000
50% of cash purchase
B0% of credit purchase
40.000
10,000
30,000
50%
40%​

Answer 1

Answer:

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