Which of the following pairs is correctly matched —

CS Executive · Cost and Management Accounting · PYQS · December 2015
Which of the following pairs is correctly matched —
(A) Administrative expenses + Selling and distribution expenses = Operating expenses
(B) (Gross profit ÷ Net sales) × 100 = Net profit ratio
(C) Both (A) and (B) above
(D) None of the above.

Answer & Explanation:

Correct Answer: Option (A)

Official answer key: (A).

Topics: Financial Statement Analysis

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