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Give One Word/Term/ Phrase for the Following Statement - Book Keeping and Accountancy

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प्रश्न

Give one word/term/ phrase for the following statement
The ratio measuring the relationship between gross profit and net sales.

एक शब्द/वाक्यांश उत्तर

उत्तर

Gross profit ratio
Explanation: It is the ratio based on net sales and gross profit earned. It is used to assess the profitability of the core business. It reflects the efficiency with which a firm produces its products. Higher the gross profit, better is its financial performance.

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Introductions to Gross Profit Ratio
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अध्याय 12: Analysis of Financial Statements - Exercise 3 [पृष्ठ ३८५]

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मायकल वाझ Book Keeping and Accountancy [English] 12 Standard HSC Maharashtra State Board
अध्याय 12 Analysis of Financial Statements
Exercise 3 | Q 7 | पृष्ठ ३८५
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