The risk free rate of interest on government securities in 2013 is 7.3% Required: Prepare a report
Question:
Required:
Prepare a report for the directors of In Style Pty. Ltd assessing its:
a) Profitability.
b) Efficiency.
Transcribed Image Text:
|2013 |2012 y Industrv Average 2013 Net profit margin Gross profit margin Return on assets 2.1% 43% 2.5% 58 days 71 days 55 days 76 days 81 days 48 days 12.6% 40% 2.8% 3.9% Inventory tumover period Average debtors period
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a PROFITABILITY The net profit margin has deteriorated over the twoyear period from 26 to 21 The gro...View the full answer
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Related Book For
Accounting Business Reporting For Decision Making
ISBN: 9780730302414
4th Edition
Authors: Jacqueline Birt, Keryn Chalmers, Albie Brooks, Suzanne Byrne, Judy Oliver
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