dear sir gross profit aur net profit me kitne percent ka diffrence rakha ja sakta hai aur kitne percent tak Indirect Expenses rakh skte hai
balance sheet me sabse zyada kis cheez ka dhyan rakhna chahiye please guide kare
Replies (5)
Quick Summary
This discussion explores the difference between gross profit and net profit, and how indirect expenses factor in. It highlights that there's no universal percentage difference as it heavily depends on the specific industry, product type, and nature of the business. Guidance is sought on what to prioritise on a balance sheet.
All your Gross Profit and Net Profit depends upon your type of industry. The type of products you are dealing in.. It is impractical to follow same % of GP and NP in all type of businesses.