2. From the following data, calculate (a) Gross profit ratio (b) Net profit ratio. Sales RO 300,000 Cost of sales RO 200,000 Net profit RO 60,000 Sales Returns RO 20,000 3. From the following data,...


2. From the following data, calculate (a) Gross profit ratio (b) Net<br>profit ratio.<br>Sales<br>RO 300,000<br>Cost of sales<br>RO 200,000<br>Net profit<br>RO 60,000<br>Sales<br>Returns<br>RO 20,000<br>3. From the following data, calculate (a) Gross profit ratio (b) Net<br>profit ratio.<br>Sales<br>RO 320,000<br>Sales returns<br>RO 25,000<br>Opening stock<br>RO 70,000<br>Closing<br>RO 25,000<br>Direct expenses<br>RO 140,000<br>stock<br>RO 40,000<br>Purchases<br>Net profit<br>RO 20,000<br>RO 80,000<br>Purchase<br>returns<br>

Extracted text: 2. From the following data, calculate (a) Gross profit ratio (b) Net profit ratio. Sales RO 300,000 Cost of sales RO 200,000 Net profit RO 60,000 Sales Returns RO 20,000 3. From the following data, calculate (a) Gross profit ratio (b) Net profit ratio. Sales RO 320,000 Sales returns RO 25,000 Opening stock RO 70,000 Closing RO 25,000 Direct expenses RO 140,000 stock RO 40,000 Purchases Net profit RO 20,000 RO 80,000 Purchase returns

Jun 11, 2022
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