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BINCY

What is net surplus?

net surplus = monthly income - monthly expense this does not include the monthly savings made every month so how is it taken into consideration? ...
Feb 14 2012 08:17 PM
BINCY

What is Savings Ratio

Thank you for your kind reply. I would like to clarify one more question. Savings ratio = Net surplus/Monthly income. if the savings ratio is 25%. does it mean that the person must save 25% of his mo...
Feb 14 2012 08:57 PM
JIGNESH

How to categorize expenses in an income statement?

Dear Sir, My question is, the example taken is for the Food industry but what about for the service industry and more over for manufacturing industries where in there is lot involvement of various ...
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