Gross Profit Margin ?
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Answer / guest
The gross margin ratio is computed by dividing the company’s
gross profit dollars by its net sales dollars.
Ex: Let’s assume that a company has net sales of $800,000
and its cost of goods sold is $600,000. This means its gross
profit is $200,000 (net sales of $800,000 minus its cost of
goods sold of $600,000) and its gross margin ratio is 25%
(gross profit of $200,000 divided by net sales of $800,000).
Is This Answer Correct ? | 48 Yes | 4 No |
Answer / sunill123
This Ratio measures the gross profit margin on the total net sales made by the company.
This ratio tells gross margin on trading & is calculated
Gross profit/Net Sales*100
Where Gross Profit= Sales-Cost of goods sold(COGS)
Is This Answer Correct ? | 6 Yes | 1 No |
Answer / tanmaya.10@rediffmail.com
Gross Profit Margin= net sales/cost of goods sold
Is This Answer Correct ? | 3 Yes | 0 No |
AT THE TIME OF REDEMPTION OF DEBENTURES. WHEN THERE IS PROFIT/LOSS ON SALE OF DEBENTURES WE TRANSFER THAT AMOUNT IN PROFIT AND LOSS A/C BUT WHEN WE CANCEL OUR DEBENTURES AFTER BUYING IT FROM OPEN MARKET THE DIFFERENCE BETWEEN MARKET VALUE AND COST OF DEBENTURES TRANSFER TO "CAPITAL RESERVE ACCOUNT .. WHY SO ANY PRACTICAL ANSWER ??
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