Accountancy, asked by vidhyavarshan6265, 3 days ago

On 1st January 2021, Company 'A' had stocks worth ₹10,00,000 in its warehouse. By 31st January 2021, the company clocked sales of ₹4,50,000. The company has a Gross Margin of 18% while after deducting running expenses, the company nets an operating Margin of 10%. What is the value of the company's stock on 1st Feb 2021? *

Answers

Answered by darshusuvarna
3

Net Profit Margin (also known as “Profit Margin” or “Net Profit Margin Ratio”) is a financial ratio used to calculate the percentage of profit a company produces from its total revenue. It measures the amount of net profit a company obtains per dollar of revenue gained. The net profit margin is equal to net profit (also known as net income) divided by total revenue, expressed as a percentage

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