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Pre and post incorporation
Accountancy
What's the ratio for cost of goods sold?
Answers (3)
Actually u can do it with gross profit i.e.,700000 directly by finding sales ratio, with the information Let us assume avg monthly sales is - x Increase in sales after incorporation - x+50% So, 4months * x i.e., (1-01-21-- 31-04-21) 8(x*+50%) i.e., (1-05-21--31-12-21) 4x+12x=1800000 x =112500 Therefore , sales ratio is 1:3
