menu-iconExamlexExamLexServices

Discover

Ask a Question
  1. All Topics
  2. Topic
    Business
  3. Study Set
    Analysis of Financial Statements
  4. Exam
    Exam 3: Financial Statement Analysis and Ratios: Part A
  5. Question
    What Will Be the Gross Profit If , Total Sales
Solved

What Will Be the Gross Profit If , Total Sales

Question 1

Question 1

Multiple Choice

What will be the Gross Profit if , total sales is Rs 2,60,000,cost of net goods sold is Rs 2,00,000 & sales return is Rs10,000 ?


A) 13 %
B) 28%
C) 26%
D) 20%

Correct Answer:

verifed

Verified

Related Questions

Q2: Vertical analysis is made on the basis

Q3: Horizontal analysis is done by analyzing _.<br>A)quarterly

Q4: Comparative statement analysis sheet is _.<br>A)vertical analysis<br>B)horizontal

Q5: The relationship between two financial variables can

Q6: Trend analysis is significant for _.<br>A)forecasting and

Q7: Financial statements are _.<br>A)anticipated facts<br>B)recorded facts<br>C)estimated of

Q8: Which of the following is not included

Q9: When the concept of ratio is defined

Q10: Determine Working capital turnover ratio if, Current

Q11: Which of the following are Non-current assets?<br>A)land,

Examlex

ExamLex

About UsContact UsPerks CenterHomeschoolingTest Prep

Work With Us

Campus RepresentativeInfluencers

Links

FaqPricingChrome Extension

Download The App

Get App StoreGet Google Play

Policies

Privacy PolicyTerms of ServiceHonor CodeCommunity Guidelines

Scan To Download

qr-code

Copyright © (2025) ExamLex LLC.

Privacy PolicyTerms Of ServiceHonor CodeCommunity Guidelines