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State the budgeted directors bonuses as a percentage of salary, for sales of 4,200,000 units and 4,500,000 units, based on calculations below Briefly comment on
State the budgeted directors bonuses as a percentage of salary, for sales of 4,200,000 units and 4,500,000 units, based on calculations below Briefly comment on the result ?
| Return on Assets | |||||||
| Base on units sold ==> | 3.900.000 | Base on units sold ==> | 4.200.000 | Base on units sold ==> | 4.500.000 | ||
| Asset | GBP | GBP | GBP | ||||
| Budgeted Profits for the year | 10.575.000 | 13.131.000 | 15.687.000 | ||||
| Asset at the start of the year | 58.925.000 | 58.925.000 | 58.925.000 | ||||
| Budgeted asset based at the end of the year | 69.500.000 | Additional Profit invested to business as asset ==> | 72.056.000 | Additional Profit invested to business as asset ==> | 74.612.000 | ||
| Average Asset | 64.212.500 | 65.490.500 | 66.768.500 | ||||
| ROA (%) | 16,5 | 20,1 | 23,5 | ||||
| Bonus | 10% | 15% | 20% |
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Cima Official Exam Practice Kit Fundamentals Of Ethics Corporate Governance And Business Law Certificate In Business Accounting
Authors: Larry Mead
4th Edition
1856177092, 978-1856177092
