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alculate the gross profit ratio and net profit ratio?

alculate the gross profit ratio and net profit ratio?

Essentials Of Investments
Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
Section: Chapter Questions
Problem 1PS
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Calculate the gross profit ratio and net profit ratio?
2020 RO 2019 RO Note 12,326,457 (8,951,083) 13,039,985 (9,425,072) 15 Income from operations Cost of operations 16 Gross profit 3,375,374 3,614,913 177,856 (404,403) (57,282) 155,119 (362,021) (11,551) Other income 17 18 Administrative expenses Allowance for credit losses (net) 6 &7 3,091,545 3,396,460 Profit from operations Finance charges 19 (92,940) (135,343) 2,998,605 3,261,117 Profit for the year before income tax Income tax 12 (450,861) (464,109) Net profit and total comprehensive income for the year 2,547,744 2,797,008 Basic earnings per share 14 0.386 0.457
Transcribed Image Text:2020 RO 2019 RO Note 12,326,457 (8,951,083) 13,039,985 (9,425,072) 15 Income from operations Cost of operations 16 Gross profit 3,375,374 3,614,913 177,856 (404,403) (57,282) 155,119 (362,021) (11,551) Other income 17 18 Administrative expenses Allowance for credit losses (net) 6 &7 3,091,545 3,396,460 Profit from operations Finance charges 19 (92,940) (135,343) 2,998,605 3,261,117 Profit for the year before income tax Income tax 12 (450,861) (464,109) Net profit and total comprehensive income for the year 2,547,744 2,797,008 Basic earnings per share 14 0.386 0.457
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