Question

Following is the details of M/S BSL as on 31.3.2013 and 31.3.2014. You are required to

prepare the common size statement for the year ending 31.3.2013 and 31.3.2014 and

comment on the financial position of the concern.

Particulars 31.3.2013 31.3.2014

Sales 350000 450000

Cost of goods sold 275000 400000

Operating expenses 11000 22500

Office expenses 4500 15000

Selling expenses 2500 3000

Distribution expenses 1250 1000

Financial expenses 10000 12500

Tax rate is 35%.​

Answer 1

This is the answer

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