CameraIcon
CameraIcon
SearchIcon
MyQuestionIcon
MyQuestionIcon
1
You visited us 1 times! Enjoying our articles? Unlock Full Access!
Question

Apply common size analysis to ABC Company's selling expenses given the following information: Selling expenses = Rs. 60,000; Revenue from Operations = Rs. 2,50,000; Total assets = Rs. 4,25,000; Total liabilities = Rs. 3,00,000.


A

50%

No worries! We‘ve got your back. Try BYJU‘S free classes today!
B

25%

No worries! We‘ve got your back. Try BYJU‘S free classes today!
C

24%

Right on! Give the BNAT exam to get a 100% scholarship for BYJUS courses
D

36%

No worries! We‘ve got your back. Try BYJU‘S free classes today!
Open in App
Solution

The correct option is C

24%


Selling Expenses
= (60,000 / 2,50,000) * 100 = 24% of Revenue from Operations


flag
Suggest Corrections
thumbs-up
0
Join BYJU'S Learning Program
similar_icon
Related Videos
thumbnail
lock
Common Size Financial Statement
ACCOUNTANCY
Watch in App
Join BYJU'S Learning Program
CrossIcon