A firm has Capital of GHS 10,00,000; Sales of GHS 5,00,000; Gross Profit of GHS 2,00,000 and Expenses of GHS 1,00,000. What is the Net Profit Ratio?
A firm has Capital of GHS 10,00,000; Sales of GHS 5,00,000; Gross Profit of GHS 2,00,000 and Expenses of GHS 1,00,000. What is the Net Profit Ratio?
Intermediate Financial Management (MindTap Course List)
13th Edition
ISBN:9781337395083
Author:Eugene F. Brigham, Phillip R. Daves
Publisher:Eugene F. Brigham, Phillip R. Daves
Chapter7: Analysis Of Financial Statements
Section: Chapter Questions
Problem 6P
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![A firm has Capital of GHS
10,00,000; Sales of GHS
5,00,000; Gross Profit of
GHS 2,00,000 and Expenses
of GHS 1,00,000. What is
the Net Profit Ratio?](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2Fcf0c1ee0-983c-40e5-b81d-16c78ca6e015%2F8ef8eb4f-56d1-4e45-8b8d-38be7de92a19%2F3uwtajo_processed.jpeg&w=3840&q=75)
Transcribed Image Text:A firm has Capital of GHS
10,00,000; Sales of GHS
5,00,000; Gross Profit of
GHS 2,00,000 and Expenses
of GHS 1,00,000. What is
the Net Profit Ratio?
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