If Sales = 100, GP Ratio = 20%, What is the amount of GP?

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If sales = 100, GP= 20, What is GP Ratio?
Posted by:
Zehab Osman
17-June-2015

Accounting Cash Flow Forecasting Financial Reporting Financial Systems Finance

Question added by Zehab Osman , Accountant , Aldar Consultancy Co.
Date Posted: 2015/06/25

Upvote (1) Views (5) Followers (2) Answers (1) Report Question

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1 Answers

by Shahbaz Hayder , Group Head of Finance , Sharif Group of Companies

Amount of GP will be equal to20.

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