GB SalesRevenue 16800 Purchases 12800 Gross Profit 4000 Selling Expenses 2000 Admin Cost 7200 Operating Loss 5200 b) Calculate mark-up (in percentage to 2 decimal places) c) Calculate the margin as a % to 1 decimal place d) What is the operating profit margin percentage if the admin cost is reduced by 60%? Show this to 1 decimal place
GB
SalesRevenue 16800
Purchases 12800
Gross Profit 4000
Selling Expenses 2000
Admin Cost 7200
Operating Loss 5200
-
b) Calculate mark-up (in percentage to 2 decimal places)
-
c) Calculate the margin as a % to 1 decimal place
-
d) What is the operating profit margin percentage if the admin cost is reduced by 60%? Show this to 1 decimal place
-
e) Define the following and provide respective examples with numeric calculations where possible:
Trade discount
Bulk discount
Early settlement discount -
f) If a company has a mark-up of 37% and sales revenue of £163,970, then
what is the cost of sales in whole £’s?
-
g) If a company has a net margin of 15%, gross margin of 35% and costs of
sale of £25,000, then what is the sales revenue and
overhead ?
Step by step
Solved in 3 steps
