Question
Sales $100,000, Cogs $25000, Gross Margin $75000, Admin cost $10000, Selling & Distributive Costs $15000, PBIT $50000. Managers salaries $130,000, Divisional assets $150,000. How is
Sales $100,000, Cogs $25000, Gross Margin $75000, Admin cost $10000, Selling & Distributive Costs $15000, PBIT $50000. Managers salaries $130,000, Divisional assets $150,000.
How is ROI calculated, if only information given is an extract of an income statement, and ending assets figure, without any beginning balances.
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Accounting
Authors: Carl S Warren, James M Reeve, Jonathan Duchac
24th Edition
0538475005, 9780538475006
