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From the following Statement of Profit and Loss of Star Ltd., for the year ended 31st March, 2015 and 2016, prepare a Common-size statement: Particulars Note No. 2015-16 2014-15 Revenue from Operations ₹ 25,00,000 ₹ 20,00,000 Employee Benefit Expenses ₹ 10,00,000 ₹ 7,00,000 Other Expenses ₹ 2,00,000 ₹ 3,00,000 Tax Rate 40% 40% |
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Answer» From the following Statement of Profit and Loss of Star Ltd., for the year ended 31st March, 2015 and 2016, prepare a Common-size statement:
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