Accountancy, asked by chouhanaman, 3 months ago

OF COST
of goods sold.
1
26. Operating Profit =
income.
+ Non operating expenses - Non operating
1

Answers

Answered by amangarnayak04

Answer:Cost of Goods Sold = Opening Inventory+ Purchases + Direct Expenses – Closing ... 1,75,000 is the Credit Revenue from Operations, i.e., Net Credit Sales of an enterprise. ... (iii) Gross Profit is 25% of the Revenue from Operations. ... Reason: Credit Purchase does not affect the Debtors Turnover Ratio

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OF COSTof goods sold.126. Operating Profit =income.+ Non operating expenses - Non operating1​

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OF COST
of goods sold.
1
26. Operating Profit =
income.
+ Non operating expenses - Non operating
1