From the following data, calculate (a) Gross profit ratio (b) Net profit ratio (OReturn on capital employed Sales Closing stock Distribution expenses RO 12,000 Capital employed Opening stock Purchases Administration exp RO 15,000 RO 40,000 RO 8,000 RO 80,000 RO 13,000 RO 95,000

From the following data, calculate (a) Gross profit ratio (b) Net profit ratio (OReturn on capital employed Sales Closing stock Distribution expenses RO 12,000 Capital employed Opening stock Purchases Administration exp RO 15,000 RO 40,000 RO 8,000 RO 80,000 RO 13,000 RO 95,000

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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