The following is an extract from the financial statements of Halwyn plc: (a) You are required to

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The following is an extract from the financial statements of Halwyn plc:

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(a) You are required to calculate the following profitability ratios:
Gross profit percentage Operating profit percentage Return on capital employed Pre-tax return on equity

(b) Halwyn’s revenue for the year ended 31 March 20X8 was £6,482,000.
Calculate the percentage increase in the revenue.

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Financial Accounting

ISBN: 9781444170412

1st Edition

Authors: Bev Vickerstaff, Parminder Johal

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Question Posted: Jun 26, 2024 01:02 AM

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The following is an extract from the financial statements of Halwyn plc: (a) You are required to

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Income Statement for the year ended 31 March 20X9 '000 Revenue 6,923 Cost of sales 4,222 Gross profit 2,701 Distribution costs (630) Administration expenses (847) Operating profit 1,224 Finance costs (debenture interest) 140 Profit before taxation 1,084 Taxation 320 Profit for the year 764

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Financial Accounting

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