If the Gross sales of a concern is Rs.200000 and sales return is 20000, Gross profit is 150000.cost of goods sold is……………………..

Related MCQs

• Given opening stock is Rs.20000, Direct expenses 10000, Closing stock 5000.Cost of goods sold is ……………………
• Variable cost ratio is 60% Sales Rs.20000 and fixed cst Rs.5000, then profit will be ……..
• Given sales = 100000, Profit = 10000 , variable cost = 70%.The sales required to earn a profit of Rs.40000 is ………………………
• Ratio of net profit before interest and tax to sales is ……………….
• Fixed costs Rs.6000, Profit required Rs.4000 and P/v ratio is 50% , then sales required will be………….
• Given sales = 150000, Fixed costs = 30000, Profit = 40000.The variable cost is………….
• The Profit/Volume ratio or marginal ratio expresses the relation of ………… to sales.
• Profit Volume ratio is the ratio of ……………. To sales
• ………………..is the excess of sales over marginal cost of sales
• ……………….means cash and other assets which are expected to be sold or consumed during the normal operating cycle of business.