Prepare a Common Size Statement of Profit and Loss of Vegas Ltd. from the following information Revenue from Operations ₹ 40,00,000
Prepare a Common Size Statement of Profit and Loss of Vegas Ltd. from the following information:
Answer:-
| Particulars | 2023-24 | 2022-23 |
| Revenue from Operations | 40,00,000 | 30,00,000 |
| Gross Profit | 55% | 60% |
| Employee Benefit Expenses | 8,00,000 | 6,00,000 |
| Other Expenses | 1,20,000 | 1,20,000 |
| Tax Rate | 30% | 35% |
| Particulars | 2022-23 | 2023-24 |
| Cost of Revenue from Operations (Revenue from Operations – Gross Profit) | 40.00 | 45.00 |
| Employee Benefit Exp. | 20.00 | 20.00 |
| Other Exp. | 04.00 | 03.00 |
| Profit before Tax | 36.00 | 32.00 |
| Profit After Tax | 23.40 | 22.40 |
Anurag Pathak Answered question January 20, 2025
