Student Community

(a) Cash Sales ₹ 4,20,000; Credit Sales ₹ 6,00,000; Sales Return ₹ 20,000; Cost of Revenue from Operations (Cost of Goods sold) ₹ 8,00,000. Calculate Gross Profit Ratio

448 viewsMarch 13, 2024[ISC] Ratio Analysis

Anurag Pathak28.35K March 13, 2024 0 Comments

(a) Cash Sales ₹ 4,20,000; Credit Sales ₹ 6,00,000; Sales Return ₹ 20,000; Cost of Revenue from Operations (Cost of Goods sold) ₹ 8,00,000. Calculate Gross Profit Ratio.

(b) Average Stock (inventory) ₹ 1,60,000; Inventory Turnvoer Ratio 6 Times; Selling Price 25% above cost. Calculate Gross Profit Ratio.

Anurag Pathak Changed status to publish March 13, 2024

Add a Comment

1 Answer

Anurag Pathak28.35K Posted March 13, 2024 0 Comments

Solution:-

Anurag Pathak Changed status to publish March 13, 2024

Add a Comment

Anurag Pathak

Anurag Pathak is an academic teacher. He has been teaching Accountancy and Economics for CBSE students for the last 18 years. In his guidance, thousands of students have secured good marks in their board exams and legacy is still going on. You can subscribe his youtube channel and can download the Android & ios app for free lectures.

Articles: 8060

Telegram Channel

Telegram Channel

(a) Cash Sales ₹ 4,20,000; Credit Sales ₹ 6,00,000; Sales Return ₹ 20,000; Cost of Revenue from Operations (Cost of Goods sold) ₹ 8,00,000. Calculate Gross Profit Ratio

1 Answer

Anurag Pathak

1 Answer

Anurag Pathak

Related Questions