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प्रश्न
From the following information of NK Ltd., prepare a Common Size Statement of Profit and Loss for the years ended 31st March, 2022 and 31st March, 2023:
| Particulars | Note No. | 31st March, 2023 | 31st March, 2022 |
|---|---|---|---|
| Revenue from Operations (₹) | 25,00,000 | 20,00,000 | |
| Cost of Materials Consumed (₹) | 8,00,000 | 6,00,000 | |
| Employee Benefit Expenses (₹) | 4,00,000 | 4,00,000 | |
| Income Tax Rate (%) | 20 | 30 |
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उत्तर
| Common-Size Statement of Profit & Loss of NK Ltd. (For the years ended 31st March, 2022 and 31st March, 2023) |
||||
|---|---|---|---|---|
| Particulars | Absolute Amount 31st March, 2022 (₹) |
Absolute Amount 31st March, 2023 (₹) |
Percentage of Revenue from Operations 31st March, 2022 (%) |
Percentage of Revenue from Operations 31st March, 2023 (%) |
| I. Revenue from Operations | 20,00,000 | 25,00,000 | 100.00% | 100.00% |
| II. Total Revenue | 20,00,000 | 25,00,000 | 100.00% | 100.00% |
| III. Less: Expenses | ||||
| (a) Cost of Materials Consumed | 6,00,000 | 8,00,000 | 30.00% | 32.00% |
| (b) Employee Benefit Expenses | 4,00,000 | 4,00,000 | 20.00% | 16.00% |
| Total Expenses (III) | 10,00,000 | 12,00,000 | 50.00% | 48.00% |
| IV. Profit before Tax (II - III) | 10,00,000 | 13,00,000 | 50.00% | 52.00% |
| V. Less: Income Tax | 3,00,000 (30% of 10,00,000) |
2,60,000 (20% of 13,00,000) |
15.00% | 10.40% |
| VI. Profit after Tax (IV - V) | 7,00,000 | 10,40,000 | 35.00% | 41.60% |
Working Notes:
Base value = Revenue from Operations (100%)
$$\text{Percentage of an item} = \frac{\text{Amount of Item}}{\text{Revenue from Operations}} \times 100$$
Cost of Materials Consumed for 2022: $\frac{6,00,000}{20,00,000} \times 100 = 30.00\%$
Employee Benefit Expenses for 2023: $\frac{4,00,000}{25,00,000} \times 100 = 16.00\%$
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