The abridged accounts for N.O. Hope plc are given below. 1. Retained earnings were after taking into

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The abridged accounts for N.O. Hope plc are given below.

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1. Retained earnings were after taking into account dividends of £46,000 for 2010 and £45,000 for 2012.

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Prepare a horizontal and vertical analysis. Highlight three figures that may need further enquiry.

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Accounting

ISBN: 9781119977186

3rd Edition

Authors: Michael J. Jones

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Question Posted: May 20, 2024 02:04 AM

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The abridged accounts for N.O. Hope plc are given below. 1. Retained earnings were after taking into

Question:

Income Statements 2011 2012 000 000 Revenue Cost of Sales 400 (300) Gross Profit 100 Administrative expenses Distribution expenses Profit before Taxation Taxation Profit for the year 25 % 13 || (15) (5) (16) 440 (330) 110 (25) (10) 75 (15) 60

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Accounting

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