Accountancy, asked by udita08, 5 months ago

Question :3
Two years information of 'F' & co. is given below. Calculate gross profit ratio.
Particulars
Sales
Sales return
Purchase
Purchase expenses
Changes in stock
2016 (Rs)
10,20,000
20,000
6,00,000
30,000
(20,000)
2017 (RS)
15,50,000
50,000
8,00,000
40,000
10,000

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Answered by chaudharykashish123

Answer: Cost of Goods Sold = Opening Stock + Purchases + Closing Stock ... (f) Goods costing Rs 20,000 distributed as free sample- Increase. Reason: ... From the following information, determine Opening and Closing inventories: Inventory Turnover Ratio 5 Times, Total sales ₹ 2,00,000, Gross Profit Ratio 25%. Closing ...

Explanation: please mark me as brilliant

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Question :3 Two years information of 'F' & co. is given below. Calculate gross profit ratio. Particulars Sales Sales return Purchase Purchase expenses Changes in stock 2016 (Rs) 10,20,000 20,000 6,00,000 30,000 (20,000) 2017 (RS) 15,50,000 50,000 8,00,000 40,000 10,000

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Question :3
Two years information of 'F' & co. is given below. Calculate gross profit ratio.
Particulars
Sales
Sales return
Purchase
Purchase expenses
Changes in stock
2016 (Rs)
10,20,000
20,000
6,00,000
30,000
(20,000)
2017 (RS)
15,50,000
50,000
8,00,000
40,000
10,000