Calculate the product’s profitability each year and over the lifecycle and draw appropriate conclusions.
Answer to relevant QuestionsSummaries the main activities of management accountants. A retail business has sales of £100,000 cost of goods sold of £35,000 salaries of £15,000 rental of £4,000 and advertising of £8,000. All of the income and expenses have been paid out of the owner’s initial capital of ...Thomas Investments has an operating profit for the year of £185,000. An examination of the Income Statement and Balance Sheet shows that depreciation was £65,000 taxation was £40,000 new capital investment was £100,000 ...Calculate the following ratios: • Return on investment (ROI) • Return on capital employed (ROCE) • Operating margin • Gross margin • Sales growth • Working capital to sales • Gearing • Asset turnover Using the information provided above, calculate the cost of sales and inventory value using the FIFO method.
Post your question