Question
Gross Profit Ratio = Gross Profit from sales/Net sales (or revenue) X 100% This reflects on the relation between sales and costs of goods sold
Gross Profit Ratio = Gross Profit from sales/Net sales (or revenue) X 100%
This reflects on the relation between sales and costs of goods sold
2015-2016- 107489/6679622 x 100%
=
2016-2017- 0/1351622 x 100%
=
2017-2018- 0/1351622 x 100%
=
2018-2019- 0/1602000 x 100%
=
2019-2020- 0/1602000 x 100%
=
2020-2021- 0/1602000 x 100%
=
2021-202- 0/1602000 x 100%
=
2022-2023- 0/1602000 x 100%
=
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Effective Writing A For Accountants
Authors: Claire B. May, Gordon S. May
9th Edition
0132567245, 9780132567244
