From the following Statement of Profit & Loss of Star Ltd. for the years ended 31st March, 2023 and 2024, prepare a Common-Size Statement:
From the following Statement of Profit & Loss of Star Ltd. for the years ended 31st March, 2023 and 2024, prepare a Common-Size Statement:
| Particulars | Note. No. | 2022-23 | 2023-24 |
| Revenue from Operations | Â | 25,00,000 | 20,00,000 |
| Employee Benefit Expenses | Â | 10,00,000 | 7,00,000 |
| Other Expenses | Â | 2,00,000 | 3,00,000 |
| Tax Rate | Â | 40% | 40% |
[Ans.]
| Year | 2022-23 (%) | 2023-24 (%) |
| Revenue from Operations | 100 | 100 |
| Employees Benefit Expenses | 35 | 40 |
| Other Expenses | 15 | 8 |
| Profit before Tax | 50 | 52 |
| Tax | 20 | 20.80 |
| Profit After Tax | 30 | 31.20 |
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