what is a gross profit ratio?
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Answer / yadav kuldeep
Gross Profit Ratio= (Gross profit /Net Sales)*100
Gross Profit = Net Sales - Cost of goods sale
Cost of goods sold = (Op. Stock + Purchase+ Direct exp.)-
Closing stock
Net sales= (Cash sales + Credit Sales)- Sales return
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IN THE COMPANY 'X' PERSON INJURED AND HE GOT TREATMENT FROM HOSPITAL AND COMPANY GIVEN THE AMOUNT RS 950/- AND DEDUCTED TDS AMOUNT RS 50/- WE GIVEN THE PAYMENT BY CHEQUE TO THAT HOSPITAL THEN WHAT WILL BE THE ENTRY
what is the meaning of rates in(rent,rates and tax) what is the meaning of contribution in margin of safety. what is the equity? and what single entry system? i want heavy explanation regarding these questions. thank you in advance reply soon bye!
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