what is a gross profit ratio?

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what is a gross profit ratio?..

Answer / yadav kuldeep

Gross Profit Ratio= (Gross profit /Net Sales)*100
Gross Profit = Net Sales - Cost of goods sale
Cost of goods sold = (Op. Stock + Purchase+ Direct exp.)-
Closing stock
Net sales= (Cash sales + Credit Sales)- Sales return

Is This Answer Correct ?    15 Yes 1 No

what is a gross profit ratio?..

Answer / mukesh

gross profit/turnover

Is This Answer Correct ?    7 Yes 1 No

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