(2) The pre-seen material includes The Red Squirrel Patisserie's statements of profit or loss for the...
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(2) The pre-seen material includes The Red Squirrel Patisserie's statements of profit or loss for the last two years. Use vertical and horizontal analysis techniques to complete the blank fields in the table below (6 Marks) Sales Revenue Gross Profit (£) Gross Profit (%) 2022 2021 €520,000 €470,000 €249,600 £249,100 Operating Profit (£) £124,600 £130,100 Year on Year Variance (£) Year on Year Variance (%) Operating Profit (%) *Variance to be quoted in percentage points (b) Briefly comment on the key aspects of the business's year-on-year performance (2) The pre-seen material includes The Red Squirrel Patisserie's statements of profit or loss for the last two years. Use vertical and horizontal analysis techniques to complete the blank fields in the table below (6 Marks) Sales Revenue Gross Profit (£) Gross Profit (%) 2022 2021 €520,000 €470,000 €249,600 £249,100 Operating Profit (£) £124,600 £130,100 Year on Year Variance (£) Year on Year Variance (%) Operating Profit (%) *Variance to be quoted in percentage points (b) Briefly comment on the key aspects of the business's year-on-year performance
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Step 11 VERTICAL AND HORIZONTAL ANALYSIS 2022 2021 Year on year va... View the full answer
Related Book For
Cost Management Measuring Monitoring And Motivating Performance
ISBN: 9781118168875
2nd Canadian Edition
Authors: Leslie G. Eldenburg, Susan Wolcott, Liang Hsuan Chen, Gail Cook
Posted Date:
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