Question
What revenue would the organisation need to maintain profit and cover losses? given that: The organisations turnover for the previous financial year was 20 million.
What revenue would the organisation need to maintain profit and cover losses?
given that:
The organisations turnover for the previous financial year was 20 million. Recently, they have had to raise their prices due to the rising cost of materials. This has reduced profit margins to 3%. Some of the building materials used are imported from responsible supply chain manufacturers.
they have paid out more than 120 000 in claims from your fellow workers, due to musculoskeletal injuries over the last twelve months. As a result, the insurance premiums have risen steeply.
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