Calculategrossprofitratiocurrentratioanddebt-equityratio


Calculate Gross profit ratio, current ratio and debt-equity ratio from the following information:

Net sales = 30,000.

Cost of sales= 20,000

Net profit= 3000

Current assets= 6000

Current liabilities= 2000

Paid up share capital= 5000

Debentures= 2500.

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Financial Management: Calculategrossprofitratiocurrentratioanddebt-equityratio
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