Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Spintex Ltd Income Statement for the year ended 30 June begin{tabular}{|l|r|r|} hline & & hline & & 2021 hline & & 4

image text in transcribed
image text in transcribed
Spintex Ltd Income Statement for the year ended 30 June \begin{tabular}{|l|r|r|} \hline & & \\ \hline & & 2021 \\ \hline & & 4 \\ \hline Tumover & & 48,476 \\ \hline Cost of Sales & (29,450) \\ \hline Gross Profit & 19,026 \\ \hline Operating Expenses & (6,550) \\ \hline Operating Profit (PBIT) & 12,476 \\ \hline Interest received/(paid) & (850) \\ \hline Profit(Loss) before taxation & 11,626 \\ \hline Taxation & & (32) \\ \hline Profit(Loss) after Tax for year & 11,594 \\ \hline \end{tabular} Statement of Financial Position as at 30 June SPINDEX LTD With reference to the Summarised Financial Statement for Spindex Itd above: - Calculate the Return on Capital Employed for the period. (2 decimal places) Answer: SPINDEX LTD With reference to the Summarised Financial Statement for Spindex Itd above: - Calculate the Net Profit Margin for the period (2 decimal places)

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

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

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

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

Get Started

Recommended Textbook for

Public Finance A Contemporary Application Of Theory To Policy

Authors: David N. Hyman

6th Edition

0030213088, 9780030213083

More Books

Students also viewed these Finance questions

Question

Who holds the power in recruitment and selection?

Answered: 1 week ago

Question

Explain the effectiveness of various selection methods

Answered: 1 week ago

Question

Explain the nature of attraction in recruitment

Answered: 1 week ago