Gross
(Ans.20,000)
Calculation of Net Profit
8. The annual sales of a business were as under :
Cash Sales
70,000
Credit Sales
80,000
The cost of goods sold (including all direct expenses) works out at 1,04,000, Expenses
incurred on sales amounted to * 13,400, find out his net profit.
Ans. Net Profit 32,600]
Cost of Goods Sold/Closing Stock/Operating Expenses
The following information was taken from Income Statement of Manoj Tiwari :
Ono
Answers
Answer:
Explanation:ross
(Ans.20,000)
Calculation of Net Profit
8. The annual sales of a business were as under :
Cash Sales
70,000
Credit Sales
80,000
The cost of goods sold (including all direct expenses) works out at 1,04,000, Expenses
incurred on sales amounted to * 13,400, find out his net profit.
Ans. Net Profit 32,600]
Cost of Goods Sold/Closing Stock/Operating Expenses
The following information was taken from Income Statement of Manoj Tiwari :
Ono
Answer:
Explanation:
ross
(Ans.20,000)
Calculation of Net Profit
8. The annual sales of a business were as under :
Cash Sales
70,000
Credit Sales
80,000
The cost of goods sold (including all direct expenses) works out at 1,04,000, Expenses
incurred on sales amounted to * 13,400, find out his net profit.
Ans. Net Profit 32,600]
Cost of Goods Sold/Closing Stock/Operating Expenses
The following information was taken from Income Statement of Manoj Tiwari :
Ono
Answer:
ross
(Ans.20,000)
Calculation of Net Profit
8. The annual sales of a business were as under :
Cash Sales
70,000
Credit Sales
80,000
The cost of goods sold (including all direct expenses) works out at 1,04,000, Expenses
incurred on sales amounted to * 13,400, find out his net profit.
Ans. Net Profit 32,600]
Cost of Goods Sold/Closing Stock/Operating Expenses
The following information was taken from Income Statement of Manoj Tiwari :
Ono
Answer:
Explanation:
ross
(Ans.20,000)
Calculation of Net Profit
8. The annual sales of a business were as under :
Cash Sales
70,000
Credit Sales
80,000
The cost of goods sold (including all direct expenses) works out at 1,04,000, Expenses
incurred on sales amounted to * 13,400, find out his net profit.
Ans. Net Profit 32,600]
Cost of Goods Sold/Closing Stock/Operating Expenses
The following information was taken from Income Statement of Manoj Tiwari :
Ono
Answer:
Explanation:
Explanation:
Answer:
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