From the following information, prepare a Common Size Statement of Profit and Loss of Ashoka Ltd Revenue from operations ₹ 20,00,000
From the following information, prepare a Common Size Statement of Profit and Loss of Ashoka Ltd.:
Particulars | 2016-17 Amount | 2017-18 Amount |
Revenue from operations | 20,00,000 | 10,00,000 |
Other Income | 2,00,000 | 50,000 |
Cost of materials consumed | 60% of revenue from operations | 50% of revenue from operations |
Employee benefit expenses | 1,40,000 | 80,000 |
Tax Rate | 30% | 30% |
Answer:-
2016-17 | 2017-18 | |
Revenue from Operations | 10.00 | 5.00 |
Other income | 60.00 | 50.00 |
Cost of materials consumed | 7.00 | 8.00 |
Employee benefit expenses | 43.00 | 47.00 |
Tax Rate | 30.10 | 32.90 |
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