Answered step by step
Verified Expert Solution
Question
1 Approved Answer
answer fast please Question: ;R Limited has computed a gross profit of 7 4,00,000. It has a gross profit ratio of 20% on cost of
answer fast please
Question: ;R Limited has computed a gross profit of 7 4,00,000. It has a gross profit ratio of 20% on cost of goods sold, other operating expenses 10% of sales, Depreciation expense 30,000, amortization expense 20,000. 12% Loan 75,00,000 and applicable tax rate of 30%. You are required to compute: a); Net profit ratio b)::: Operating ratio c);:; Operating profit ratio d):s; Interest coverage ratio e)::: Cash operating profit ratioStep by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started