Question 50 Chapter 7 – Unimax Publication Class 12 Part 2 – 2021
Table of Contents
Calculate the Gross Profit Ratio From the Following Details of a company and judge its performance.
Particulars | 2021 | 2021 |
Revenue from opening | 11,20,000 | 15,60,000 |
Sales Return | 1,20,000 | 1,60,000 |
Gross Profit | 2,50,000 | 3,78,000 |
The solution of Question 50 Chapter 7 – Unimax Publication Class 12 Part 2-2021 : –
Gross Profit Ration for 2021 | = | 2,50,000 | x | 100 | = | 25% |
10,00,000 |
Gross Profit Ration for 2022 | = | 3,78,000 | x | 100 | = | 27% |
14,00,000 |
Performance in the year 2022 is better than in 2021. The production has also improved.
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Accounting Ratios – Meaning and Definition
Unimax Publication – Accountancy PSEB Class 12 – Volume I – Solution
- Chapter No. 1 – Accounting Not for Profit Organisations
- Chapter No. 2 – Partnership Accounts – I (Introduction)
- Chapter No. 3 – Partnership Accounts – II (Goodwill: Nature and Valuation)
- Chapter No. 4 – Partnership Accounts – III (Change in Profit sharing ratio among Existing Partners )
- Chapter No. 5 – Partnership Accounts – IV (Admission of A Partner)
- Chapter No. 6 – Partnership Accounts – V (Retirement and Death of A Partner)
- Chapter No. 7 – Partnership Accounts – VI (Dissolution of Partnership Firm)
Unimax Publication – Accountancy PSEB (Class 12) – Part – II – Solution
- Chapter No. 1 – Company Accounts (Share Capital)
- Chapter No. 2 – Company Accounts (Issue of Debentures)
- Chapter No. 3 – Company Accounts (Redemption of Debentures)
- Chapter No. 4 – Financial Statements of a Company
- Chapter No. 5 – Financial Statement Analysis
- Chapter No. 6 – Tools of Financial Statement Analysis- Comparative and Common Size
- Chapter No. 7 – Ratio Analysis
- Chapter No. 8 – Cash Flow Statement
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