ensesNon-operating expenses* Financial ExpensesNet Profit c/d12 p002,0007,000 " Dividend on shares84 0002,00,000Non-operating incomes:"Interest on Securities15003,750750Profit on sale of shares2,06,000Choose the Gross profit margin and net profit margin of the business from the following options?2,06,000O a. Gross profit margin is 16.8% and Net profit margin is 20%O b. Gross profit margin is 40% and Net profit margin is 16.8%O c. Gross profit margin is 20% and Net profit margin is 16.8%O d.Gross profit margin is 16.8% and Net profit margin is 40%cion 14Safety of investments comes under objective of financial management:er savedO a. Research Objectivesed out of Reportse-Services -E4914788cmid3D543Academic Departments -ETC - CIMS -Abduon 13Ameen trading company is a popular distributor in the Nizwa region having years of experience in the field oflogistics and marketing. Over these years, the company has gained a very good public opinion and quiet a bignumber of loyal customers. During the last year, the company has faced some financial struggles due to thepandemic – crisis. The company has decided to plan well for the current year based on the past performanceso that the company will be able to regain its status.etreddout ofquestionThe management of the company has given with you the Income statement for the last year and asked you tocalculate the gross profit and net profit margin.ParticularOMRParticularOMROpening StockPurchasesТо76,250 By Sales3,15,2505,00,000"Closing stock98,500Carriage and FreightWagesGross Profit b/d2,0005,0002,00,0005,98, 5005,98,5002,00,000ToAdministration expenses1,01,000 By Gross Profit b/dNon-operating incomes:" Selling and Dist. expenses" Non-operating expenses" Financial ExpensesNet Profit c/d12,0002,000 "Interest on Securities7,000 " Dividend on shares84,0002,06,0001,5003,750Profit on sale of shares7502,06,000Choose the Gross profit margin and net profit margin of the business from the following options?

Gross profit margin and net profit margin is the ratio of respective profits to sales, expressed as…

750 2,06,000 Choose the Gross profit margin and net profit margin of the business from the following options? 2,06000 O a. Gross profit margin is 16.8% and Net profit margin is 20% O b. Gross profit margin is 40% and Net profit margin is 16.8% O c. Gross profit margin is 20% and Net profit margin is 16.8% O d. Gross profit margin is 16.8% and Net profit margin is 40%

750 2,06,000 Choose the Gross profit margin and net profit margin of the business from the following options? 2,06000 O a. Gross profit margin is 16.8% and Net profit margin is 20% O b. Gross profit margin is 40% and Net profit margin is 16.8% O c. Gross profit margin is 20% and Net profit margin is 16.8% O d. Gross profit margin is 16.8% and Net profit margin is 40%

Intermediate Accounting: Reporting And Analysis

3rd Edition

ISBN:9781337788281

Author:James M. Wahlen, Jefferson P. Jones, Donald Pagach

Publisher:James M. Wahlen, Jefferson P. Jones, Donald Pagach

Chapter1: The Demand For And Supply Of Financial Accounting Information

Section: Chapter Questions

Problem 14C: Codification Situation You are conducting an accounting research project for your boss. Your boss...

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