Question

from the following data prepare a Comparative Income Statement and comment on profitability of the concern :
Particulars
2018
2019
Rs. in (000) Rs. in (000) Net sales
785
900 Cost of goods sold
450
500 Opération expenses :
General and administrative expenses
Selling expenses Non operating expenses :
Interest paid
Income tax 24. Calculate Net Working Capital :
(a) Current Ratio (b) Liquid Ratio
1.75 (c) Stock
... Rs. 1,50,000 25

Answer 1

Answer:

Opération expenses :

General and administrative expenses

Selling expenses Non operating expenses :

Interest paid