Question

From the following particulars, calculate :
(a) Gross profit ratio
(b) Net profit ratio and
(c) Operating ratio.
U/ID 22209 UCZK/
UCXD/URMB/UCVG
4
Rs.
Sales = 5,00,000
Cost of goods sold = 3,00,000
Operating expenses = 1,00,000
Net-operating expenses = 20,000

Answer 1

Answer:

Accounting or Accountancy is the measurement, processing, and communication of financial and non financial information about economic entities such as businesses and corporations.

Organizations in this sector: Institute of Chartered Accountants in England and Wales