3.6 LO1 Company Xcel Ltd announces an increase of 10% in net profit for the year to...

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3.6 LO1 Company Xcel Ltd announces an increase of 10% in net profit for the year to $1,700,000. As a potential investor in the company:

(a) What does this announcement tell you?

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Accounting For Business Students

ISBN: 9781488616570

1st Edition

Authors: Peter Atrill, Eddie Mclaney, David Harvey

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