What is the operating profit?

Find:

Gross Profit Margin

Operating Profit Margin

Return on capital employed (ROCE):

FInd:

Average inventories turnover period

Average settlement period for trade receivables

Average settlement period for trade payables

Johnson and daughters Ltd Income statement for the year ended 31st December 2020 2021 000 000 000 3,600 250 300 1400 2,450 1,650 2,750 (500) (1,150) (500) 2,450 (1,250) 1,200 Sales revenue Cost of sales Opening inventories Purchases Closing inventories Gross profit Expenses Profit 000 3,840 (2,250) 1,590 (510) 1080 Statement of financial position as at 31st December 2020 2021 000 000 2,400 1,900 500 600 800 850 10 7 1,310 1457 3,710 3,357 1,757 1,820 1,543 1,208 3300 3,028 410 329 3,710 3,357 ASSETS Non-current assets Machinery, vehicles and property Current assets Inventories Trade receivables Cash at bank Total assets EQUITY AND LIABILITIES Equity 1 ordinary shares Retained earnings Current liabilities Total equity and liabilities