can anyone help me in computing this GP Ratio as given in this excel attachment answer is also furnished.Kindly give workings in the same excel sheet
Thanks in advance
Attached File : 26 book1.xls downloaded: 226 times
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Computation of GP rATIO
Attached File : 26 book1.xls downloaded: 226 times
Replies (4)
REFFER THE FOLLOWING FILE
Thanks Mr Manoj Tilokani for the reply.But small doubt why GP is applied on Cost ofsales instead of Retail sales to arrive at GP Ratio
JUST LOGIC IS THAT RETAILERS ARE NOT MANUFACURING CONCERNS.. THEY JUST ADD THIER PROFIT MARGIN TO COST..( STILL THIS CAN BE OBJECTED, WHEN I WAS IN CPT, MY TEACHER EXPLIANED ME THIS CONCEPT)
Thanks Mr Manoj Tilokani for the reply
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