Gross profit of Lal Co. Ltd. for the year 2008-09 is Rs. 9,20,000. From the following, calculate
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Gross profit of Lal Co. Ltd. for the year 2008-09 is Rs. 9,20,000. From the following, calculate Net Profit ratio:
Rs.
Administrative Expenses 3,00,000 Selling & Distribution Expenses 2,20,000 Income Tax 80,000 Interest on Debentures 1,40,000 Sales 50,00,000 Also, explain the significance of this ratio to the management of Lal Co. Ltd
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Zero To Mastery In Accounting Become A High Level Accounting Manager
ISBN: 9789392475177
1st Edition
Authors: HECTOR ROBINETT
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