Question

CALCULATE :

i) Gross Profit Ratio
ii) Return on total assets ratio
iii) Inventory turnover ratio and
iv) Working capital turnover ratio from the following
Sales- 25,20,000

Net profit -3,60,000

Fixed assets- 14,40,000

Current liabilities- 6,00,000

Cost of goods sold-19,20,000

Current assets-7,60,000

Inventory- 8,00,000​

Answer 1

Answer:

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