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What will be the effect of purchase of goods for cash Rs. 3,000 on Gross Profit Ratio? (C.B.S.E. 2020; Kolkata. Lucknow)

  • Post category:Accountancy
  • Reading time:1 mins read

SOLUTION

No Effect.


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Previous PostWhat is the difference between ‘Operating Profit’ and ‘Net Profit’?
Next Post‘Purchase of goods Rs. 35,000 for cash will increase the operating ratio.’ Is the statement correct? Give reasons.

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