Question
Sanjay Mishra is a shareholder in La Carte bakers Ltd and has asked you to analyse the financial performance and position of the company by
- Sanjay Mishra is a shareholder in La Carte bakers Ltd and has asked you to analyse the financial performance and position of the company by using below calculated ratios.
|
| 2019 | 2018 |
| Operating profit margin | 9% | 8.5% |
| Gearing | 24.3% | 28.6% |
| Interest cover | 10.3 times | 8.2 times |
| Gross profit margin | 37% | 40% |
Required: Prepare a short report to Sanjay Mishra, which includes a comparison of above ratios over two years.
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Audit Management And Supervision Wiley Ronald Institute Of Internal Auditors Professional Book Series
Authors: Gil W. Courtemanch, Guilbert W. Courtemanche
1st Edition
0471625655, 978-0471625650
