Question

For its 2006 fiscal year, the PQR Company reported sales of Rs10, 500,000, cost of goods sold of Rs6, 300,000, and net income of Rs525, 000. The company's gross profit ratio for the year is? ​

Answer 1

Answer:

please make me brain liest to

Answer 2

Answer:

The PQR Company recorded sales of Rs10, 500,000, cost of goods sold of Rs6, 300,000, and net income of Rs525, 000 for its 2006 fiscal year. For the year, the company's gross profit ratio is 40%.