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Give one word/term/phrase for the following statement. The ratio measures the relationship between Gross Profit and Net Sales. - Book Keeping and Accountancy

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Question

Give one word/term/phrase for the following statement.

The ratio measures the relationship between Gross Profit and Net Sales.

One Word/Term Answer
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Solution

The ratio measures the relationship between Gross Profit and Net Sales. - Gross Profit Ratio

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Chapter 9: Analysis of Financial Statements - Exercise 9.1 (Objective Questions) [Page 375]

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Balbharati Book-Keeping and Accountancy [English] Standard 12 Maharashtra State Board
Chapter 9 Analysis of Financial Statements
Exercise 9.1 (Objective Questions) | Q B. 2. | Page 375
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