From the extracts of data provided below for Easy Events, calculate the ratios the following ratios and

Question:

From the extracts of data provided below for Easy Events, calculate the ratios the following ratios and explain what they reveal.

a) ROCE

b) Asset utilisation

c) Net profit percentage

d) Gross profit

e) Fixed asset turnover

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Strategic Managerial Accounting: Hospitality, Tourism & Events Applications

ISBN: 1645

6th Edition

Authors: Tracy Jones, Helen Atkinson, Angela Lorenz, Peter Harris

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Question Posted: May 31, 2024 10:12 AM

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From the extracts of data provided below for Easy Events, calculate the ratios the following ratios and

Question:

Company data extracts for Year 13 Sales/turnover Cost of sales 1,473,913 402,674 Staff costs 313,609 Total expenses 923,027 Non-current assets (fixed assets) 3,233,135 Current assets 456,662 Current liabilities 691,658

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Strategic Managerial Accounting: Hospitality, Tourism & Events Applications

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