Ratio Corporation as of December 31, 2021. Trading and Profit and Loss Account $ Particular 76,250 By Sales Particular T

[answerhappygod]

Ratio Corporation As Of December 31 2021 Trading And Profit And Loss Account Particular 76 250 By Sales Particular T 1 (64.31 KiB) Viewed 18 times

Ratio Corporation as of December 31, 2021. Trading and Profit and Loss Account $ Particular 76,250 By Sales Particular To Opening Stock Purchases 315,250 Closing stock Carriage and Freight 2,000 Wages 5,000 Gross Profit b/d 200,000 Cost Goods Sold 598,500 By Gross Profit b/d Non-operating incomes: To Administration expenses Selling and Dist. expenses Non-operating expenses Financial Expenses Net Profit c/d 101,000 Interest on Securities 12,000 Dividend on shares 2,000 Profit on sale of shares 7,000 84,000 206,000 Compute the following ratios for Ratio Corporation as of December 31, 2021. Round your answers to two decimal places. 1. Gross Profit Ratio I 2. Net Profit Ratio 3. Stock Turnover Ratio. $ 500,000 98,500 598,500 200,000 1,500 3,750 750 206,000