6. From the following data, calculate (a) Gross proft ratio (b) Net profit ratio (c) Return on capital employed. Sales RO 300,000 RO 70,000 RO 40,000 RO 10.000 RO 25,000 RO 140,000 RO 100,000 Sales returns Opening stock Direct expenses Net profit dows RO 40,000 Kodons b Closing stock Purchases Share Capital Reserve and Surplus RO 25,000 Long term Loans RO 50,000
6. From the following data, calculate (a) Gross proft ratio (b) Net profit ratio (c) Return on capital employed. Sales RO 300,000 RO 70,000 RO 40,000 RO 10.000 RO 25,000 RO 140,000 RO 100,000 Sales returns Opening stock Direct expenses Net profit dows RO 40,000 Kodons b Closing stock Purchases Share Capital Reserve and Surplus RO 25,000 Long term Loans RO 50,000
Managerial Accounting: The Cornerstone of Business Decision-Making
7th Edition
ISBN:9781337115773
Author:Maryanne M. Mowen, Don R. Hansen, Dan L. Heitger
Publisher:Maryanne M. Mowen, Don R. Hansen, Dan L. Heitger
Chapter15: Financial Statement Analysis
Section: Chapter Questions
Problem 64P: Albion Inc. provided the following information for its most recent year of operations. The tax rate...
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