Prepare a Common-Size Statement of Profit & Loss of ‘Hari Darshan Ltd.’ from the following information:
Prepare a Common-Size Statement of Profit & Loss of ‘Hari Darshan Ltd.’ from the following information:
| Particulars | Note. No. | 2018-19 (₹) | 2017-18 (₹) |
| Revenue from Operations | Â | 20,00,000 | 10,00,000 |
| Purchase of Stock-in-Trade | Â | 7,70,000 | 4,20,000 |
| Changes in Inventories | Â | 1,20,000 | 80,000 |
| Other Expenses | Â | 52,000 | 30,000 |
| Other Incomes | Â | 60,000 | 50,000 |
| Tax Rate 50% | Â | Â | Â |
[Ans.:]
2017-18: Other Income = 5% Total Revenue = 105%; Purchase of Stock-in-Trade = 42%; Change in Inventories = 8%; Other Expenses = 3%; Total Expenses = 53%; Profit before Tax = 52%; Profit after Tax = 26%. 2018-19: Other Income = 3%; Total
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