Answered step by step

Verified Expert Solution

Link Copied!

Question

1 Approved Answer

Posted on Aug 22, 2024

Farrel Ltd's summarised results for the past two years are as follows: 2018 2019 Sales R80 000 R100 000 Gross Profit R22 000 R30 000

Farrel Ltd's summarised results for the past two years are as follows: 2018 2019 Sales R80 000 R100 000 Gross Profit R22 000 R30 000 Operating profit R12 000 R16 000 R60 000 R80 000 Operating assets a. Calculate the margin for 2019. b. Calculate turnover for 2019. c. Calculate the Rol for 2019

Step by Step Solution

There are 3 Steps involved in it

Step: 1

Get Instant Access with AI-Powered Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

Step: 3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Students also viewed these Accounting questions

Question

Purchase and sale of similar products in two or more different markets in order to take advantage of price discrepancy is called a. Hedging b. Speculation c. Parallel positioning d. Pyramiding e....

Answered: 1 week ago

Question

★★★★★

The presidents executive jet is not fully utilized. You judge that its use by other officers would increase direct operating costs by only $20,000 a year and would save $100,000 a year in airline...

Answered: 1 week ago

Question

★★★★★

Hi can you assist with the advantages ? Chineke Technologies, a tech company that produces virtual reality (VR) experiences and products for consumers, is considering whether to expand their...

Answered: 1 week ago

Question

★★★★★

The regression model ModifyingAbove Upper Y with caret Subscript iequalsnegative 2882plus15268Upper X Subscript 1 inegative 00513Upper X Subscript 2 i predicts standby hours based on total staff...

Answered: 1 week ago

Question

★★★★★

A. If 48.3 L of N? at 27.2C and 706 torr is heated to 126 "C and compressed to 3.33 L, what is the new pressure in torr? Enter your answer in scientific notation. B. A 25.0 g sample of granite at...

Answered: 1 week ago

Question

★★★★★

Question : 1. How can the ANR be prevented? 2. What is machine learning? 3. What is adb? 4. : What is the importance of Android in the mobile market? 5.What is an action? 6. What is the importance of...

Answered: 1 week ago

Question

★★★★★

1. What is AAPT? 2. What is an Income Statement? 3. What is probability? 4. What is democracy? 5. Which elements can occur only once and must be present? 6. What is a Cash Flow Statement?: What is...

Answered: 1 week ago

Question

★★★★★

Question: Enumerate the steps in creating a bounded service through AIDL. What is the use of an activityCreator? What do you think are some disadvantages of Android? What is Newton's first law of...

Answered: 1 week ago

Question

★★★★★

The function f(x,y)=x 2 +xy+y 2 -22y+161 What is the relative maximum value of the function?

Answered: 1 week ago

Previous Question Next Question