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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