Question - 19

Prepare common size statement from the following income statement of karan Ltd. for the year ended 31st March, 2006:

Income 
Sales Rs. 2,538
Miscellaneous income Rs. 26
Total income Rs. 2,564
Expenses 
Cost of goods sold Rs. 1,422
Adminnistrative exp. Rs. 184
Selling Exp. 720
Other non operating exp. Rs. 40
Total Exp. Rs. 2,366
Tax Rs. 68.
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