(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

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Anurag Pathak24.18K 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.

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Anurag Pathak24.18K Posted March 13, 2024 0 Comments

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