Question 23 Chapter 2 of +2-B - USHA Publication 12 Class

Question 23 Chapter 2 of +2-B

Table of Contents

Trend Percentage

23. Calculate the trend percentage from the following figures :

The solution of Question 23 Chapter 2 of +2-B: –

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common size statement of Profit and Loss
Particulars	Absolute Figures				Percentage of Figures
Particulars	2012	2013	2014	2015	2012	2013	2014	2015
Revenue from Operation	5,000	5,200	5,600	6,000	100%	104%	112%	120%
Stock	1,000	1,100	1,250	1,400	100%	110%	125%	140%
Gross Profit	500	550	775	850	100%	130%	155%	170%

Note:– 1. Increase in Gross Profit.
2. Sales are increasing regularly
3. The performance of the firm is good.

To understand more about Balance Sheet please check out following links:

Balance Sheet: Meaning, Format & Examples

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Also, Check out the solved question of previous Chapters: –

Chapter No. 1 – Accounting Not for Profit Organisations

Chapter No. 2 – Partnership Accounts – I

Chapter No. 3 – Partnership Accounts – II (Introduction)

Chapter No. 4 – Partnership Accounts – III (Goodwill: Nature and Valuation)

Chapter No. 5 – Partnership Accounts – IV (Reconstitution of Partnership)

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Chapter No. 6 – Partnership Accounts – V (Admission of A Partner)

Chapter No. 7 – Partnership Accounts – VI (Retirement and Death of A Partner)

Chapter No. 8 – Company Accounts (Share Capital)

Chapter No. 9 – Company Accounts (Issue of Debentures)

Chapter No. 10 – Company Accounts (Redemption of Debentures)

Chapter No. 1 – Financial Statements of a Company (Balance Sheet Only)

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Chapter No. 2 – Techniques of Financial Statement Analysis

Chapter No. 3 – Ratio Analysis

Chapter No. 4 – Cash Flow Statement