Gross Profit Ratio for a firm remains same but the Net Profit Ratio is decreasing. The reason for such behavior could be:
Gross Profit Ratio for a firm remains same but the Net Profit Ratio is decreasing. The reason for such behavior could be:
Explanation
Gross Profit Ratio for a firm remains same but the Net Profit Ratio is decreasing.
The reason for such behavior could beĀ If Increase in Expense