Question
Pamela is an investor who wishes to invest in the fashion bags industry. His financial advisor, Frank extracted the following information from one of the
Pamela is an investor who wishes to invest in the fashion bags industry. His financial advisor, Frank extracted the following information from one of the potential bag retailers; Luxury Bags Sdn Bhd for Pamela to consider. The financial year-end for Luxury Bags Sdn Bhd ended on 30 June 2015.
Net Sales Revenue RM450,550
Cost of Goods Sold RM315,500
Gross Profit RM135,050
Total Operating Expenses RM 66,150
Profit for the period RM 68,900
Equity, 1 July 2014 RM253,500
Equity, 30 June 2015 RM276,500
1. What is the mark-up cost for the Luxury Bags Sdn Bhd rounded to the nearest whole number?
2. What is the gross profit margin for Luxury Bags Sdn. Bhd. rounded to the nearest whole number?
3. What is the profit margin for Luxury Bags Sdn Bhd rounded to the nearest whole number?
4. What is the percentage of expense to net sales revenue for Luxury Bags Sdn Bhd rounded to the nearest whole number?
5. What is the return of equity forLuxury Bags SdnBhd rounded to the nearest whole number?
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored 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