Tuesday, September 16, 2014

If total unrealized gross profit of 2 years is given and their rate of gross profit is given then how can you recognize individual unrealized gross profit of each year?

If total unrealized gross profit of 2 years is given and their rate of gross profit is given then how can you recognize individual unrealized gross profit of each year?
You cannot. You can build/compose the total GP from annual sales but you cannot decompose it if the individual annual information that make up the annual GP is lost.

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