Name two ratios to assess the profitability of a business in terms of sales. Post category:Accountancy Reading time:1 mins read SOLUTION (i) Gross Profit Ratio; (ii) Net Profit Ratio. Please Share This Share this content Opens in a new window Twitter Opens in a new window Facebook Opens in a new window Google+ Opens in a new window Pinterest Opens in a new window LinkedIn Opens in a new window Viber Opens in a new window VK Opens in a new window Reddit Opens in a new window Tumblr Opens in a new window Viadeo Opens in a new window WhatsApp Read more articles Previous PostWhat is meant by Profitability Ratios? Next PostWhat is G.P. Ratio? You Might Also Like In which ratio do the remaining partners acquire the share of profit of the retiring or deceased partner? (C.B.S.E. 2017, 2018 Comptt.) September 27, 2022 The firm of Harry, Porter and Ali, who have been sharing profits in the ratio of 2 : 2 : 1, have existed for same years. Ali wants that he should get equal share in the profits with Harry and Porter and he further wishes that the change in the profit-sharing ratio should come into effect retrospectively were for the three years. Harry and Porter have agreement on this account. The profits for the last three years were: July 22, 2022 What is the numerator to be used in Trade Receivables Turnover Ratio? October 3, 2022 Leave a Reply Cancel replyYou must be logged in to post a comment.