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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- 107489/6238622 x 100%

=

2017-2018- 107489/6412822 x 100%

=

2018-2019- 107489/6620762 x 100%

=

2019-2020- 107489/5699080 x 100%

=

2020-2021- 107489/5997331 x 100%

=

2021-202- 107489/6143216 x 100%

=

2022-2023- 107489/6162596 x 100 %

=

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