Question
You are running a small business, with the following information. Please show what ratios you could create and what those ratios tell you about the
You are running a small business, with the following information. Please show what ratios you could create and what those ratios tell you about the business.
Sales =R950,000 ;
Profit = R205,000 ;
expenses= R450,000 ;
Number of staff: 15 members.
Number of items sold: 15,000
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SOLUTION Based on the given information here are some ratios that can be calculated to assess the bu...Get Instant Access to Expert-Tailored Solutions
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Auditing A Practical Approach with Data Analytics
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