Calculate Operating Profit Ratio from the following Information: Opening Inventory ₹ 1,00,000 Purchases ₹ 10,00,000
Calculate Operating Profit Ratio from the following Information:
[Ans.: Operating Profit Ratio = 23.81%.]
| Opening Inventory | ₹ 1,00,000 |
| Purchases | ₹ 10,00,000 |
| Revenue from Operations, i.e., Net Sales | ₹ 14,70,000 |
| Administrative and Selling Expenses | ₹ 1,70,000 |
| Closing Inventory | ₹ 1,50,000 |
| Loss by fire | ₹ 20,000 |
| Dividend Received | ₹ 30,000 |
Anurag Pathak Changed status to publish August 15, 2023
