The information given relates to the business of Sean Brady. Summarised trading and profit and loss account
Question:
The information given relates to the business of Sean Brady.
Summarised trading and profit and loss account for the year ended 30 November 20*8
Required
Calculate:
a) Gross profit margin
b) Net profit margin
c) Overheads in relation to turnover
d) Rate of stock turnover.
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a Gross Profit Margin Gross Profit Margin is calculated by dividing the Gross Profit by the Sales an...View the full answer
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