what is a gross profit ratio?
Answers were Sorted based on User's Feedback
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 |
Have you ever made mis reports and what are they?
I had this interview in 09. The interviewer kept on asking this question. Why do you want to join JP Morgan chase? can any1 give me a good answer...???
2 Answers IBM, JPMorgan Chase,
what is ex-gratia to employees
1 Answers Chartered Accountant,
Non-performing Asset (NPA)
what is the meaning of single entery system and double entery system ?
what is consignment entry?
What is the meaning of Central Excise and State Excise Duty & also want to know differnec between them
What qualification do you need to become an accounting professional?
what is deprisiation?what is upprisiation?what is bill receable and payable
What Is Depreciation, and from which date do we charge Depreciation for an asset ?
what is the examples of direct income
How does accounting contribute to the community?