3. From the following data, calculate (a) Gross profit ratio (b) Net profit ratio. Sales returns RO 320,000 RO 70,000 RO 40,000 RO 80,000 RO 25,000 RO 25,000 RO 140,000 RO 20,000 Sales Opening stock...

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

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

Jun 11, 2022

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3. From the following data, calculate (a) Gross profit ratio (b) Net profit ratio. Sales returns RO 320,000 RO 70,000 RO 40,000 RO 80,000 RO 25,000 RO 25,000 RO 140,000 RO 20,000 Sales Opening stock...

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