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From the following information, Calculate:
(i) Gross Profit Ratio;
(ii) Working Capital Turnover Ratio; and
(iii) Proprietary Ratio.
Cost of Goods Sold
Cash Sales: 75% of Credit Sales
Net Profit for the year
[Ans.: (i) Gross Profit Ratio = – 29.52%; (ii) Working Capital Turnover Ratio = 2.5 Times; (iii) Proprietary Ratio = 60.25%.]
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