Set out below are ratios relating to three different businesses Each business operates within a different industrial sector Required State, with reasons, which one of the three businesses is (a) A holiday tour operator (b) A supermarket chain (c) A food manufacturer Ratio Operating profit margin Sa...

Three businesses a Plc operates a supermarket chain The grocery business is highly competitive and to generate high sales volumes it is usually necess ...

Set out below are ratios relating to three different businesses. Each business operates within a different industrial

Question:

Set out below are ratios relating to three different businesses. Each business operates within a different industrial sector.

Ratio Operating profit margin Sales to capital employed Average inventories turnover period Average

Required:

State, with reasons, which one of the three businesses is:

(a) A holiday tour operator;

(b) A supermarket chain;

(c) A food manufacturer.

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Accounting And Finance For Non Specialists

ISBN: 9781292334691

12th Edition

Authors: Peter Atrill, Eddie McLaney

Question Posted: Dec 24, 2023 05:38 AM

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Set out below are ratios relating to three different businesses. Each business operates within a different industrial

Question:

Ratio Operating profit margin Sales to capital employed Average inventories turnover period Average settlement period for trade receivables Current ratio A plc 3.6% 2.4 times 18 days 2 days 0.8 times B plc 9.7% 3.1 times N/A 12 days 0.6 times C plc 6.8% 1.7 times 44 days 26 days 1.5 times

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Accounting And Finance For Non Specialists

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