Administrative and office expenses and selling and distribution expenses are ___

Q. From the following information calculate net profit:

	Rs.
Opening stock	$15,00,000$
Direct expenses	$3,00,000$
Selling & distribution expenses	$2,00,000$
Administrative expenses	$1,00,000$
Financial expenses	$50,000$
Sales	$24,00,000$
Gross profit ratio on sales	$25\%$

Q. (i) Cost of Revenue from Operations (Cost of Goods Sold) ₹2,20,000; Revenue from Operations (Net Sales) ₹3,20,000; Selling Expenses ₹12,000; Office Expenses ₹8,000; Depreciation ₹6,000. Calculate Operating Ratio.
(ii) Revenue from Operations, Cash Sales ₹4,00,000; Credit Sales ₹1,00,000; Gross Profit ₹1,00,000; Office and Selling Expenses ₹50,000. Calculate Operating Ratio.

Q. Operating profit stated as a subtotal on a companies income statement before all general and administrative expenses.

Q. From the following information, calculate Inventory Turnover Ratio; Operating Ratio and Working Capital Turnover Ratio:
Opening Inventory ₹ 28,000; Closing Inventory ₹ 22,000; Purchases ₹ 46,000; Revenue from Operations, i.e., Net Sales ₹ 80,000; Return ₹10,000; Carriage Inwards ₹ 4,000; Office Expenses ₹ 4,000; Selling and Distribution Expenses ₹ 2,000; Working Capital ₹ 40,000.

Q.

Solve the following:

If gross profit as Rs 2,20,000 and operating expenses are Rs 85,000 and non operating expenses are Rs 30,000, find out operating profit.