Answers!
Hi Sharmeen
Suppose in first year
You made sales of 1 lacs and earned 20000,your GP Ratio is 20000/100000=20%
In Second year,
You made sales of 2 lacs and earned 50000,your GP Ratio is 50000/200000=25%
Hence,Second year performance is better as it has higher GP Ratio
Comment
Sir plz provide video lecture about ratio analysis
Answer the question...
Hi Sharmeen
Suppose in first year
You made sales of 1 lacs and earned 20000,your GP Ratio is 20000/100000=20%
In Second year,
You made sales of 2 lacs and earned 50000,your GP Ratio is 50000/200000=25%
Hence,Second year performance is better as it has higher GP Ratio
Comment
Sir plz provide video lecture about ratio analysis