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Work out the percentage of material used during the year as a percentage of Income.
Work out the average investment in inventory of stores and embedded goods consumed
20% = 3% ?
In the case of IVRCL suppose for the year ending 2007 you were
given the task of increasing profits (PAT) by 20%. How would you go
about it?
20% increase in profits = 20% of Rs.141 crores = Rs.28 crores
Two major options occur
- increase sales or
- decrease input costs