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Profit and loss accounts: - Alpha £000's £000's 420,000 Beta £000's £000's Turnover 315,000 Cost of sales Gross profit Less expenses: Administration Selling and distribution Directors' emoluments 336.000 84,000 236.250 78,750 14,300 13,500 12,950 12,800 11,000 14,000 9,000 500 7,500 Depreciation Overdraft interest Debenture interest 3,000 4.200 52.500 31,500 Profit before tax Corporation tax Profit after tax Retained profits Retained profits at year end 50.250 28,500 _ 3,500 25,000 20.000 11,500 60.000 71,500 48.000 73,000

Profit and loss accounts: - Alpha £000's £000's 420,000 Beta £000's £000's Turnover 315,000 Cost of sales Gross profit Less expenses: Administration Selling and distribution Directors' emoluments 336.000 84,000 236.250 78,750 14,300 13,500 12,950 12,800 11,000 14,000 9,000 500 7,500 Depreciation Overdraft interest Debenture interest 3,000 4.200 52.500 31,500 Profit before tax Corporation tax Profit after tax Retained profits Retained profits at year end 50.250 28,500 _ 3,500 25,000 20.000 11,500 60.000 71,500 48.000 73,000

FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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How can calculate the ROCE RATIO? 

Profit and loss accounts: - Alpha £000's £000's 420,000 Beta £000's £000's Turnover 315,000 Cost of sales Gross profit Less expenses: Administration Selling and distribution Directors' emoluments 336.000 236.250 84,000 78,750 14,300 12,950 13,500 12,800 14,000 11,000 Depreciation Overdraft interest Debenture interest 9,000 7,500 500 3,000 4,200 52,500 50.250 28,500 Profit before tax 31,500 Corporation tax Profit after tax 20.000 11,500 3,500 25,000 48.000 Retained profits Retained profits at year end 60.000 71,500 73,000
Transcribed Image Text:Profit and loss accounts: - Alpha £000's £000's 420,000 Beta £000's £000's Turnover 315,000 Cost of sales Gross profit Less expenses: Administration Selling and distribution Directors' emoluments 336.000 236.250 84,000 78,750 14,300 12,950 13,500 12,800 14,000 11,000 Depreciation Overdraft interest Debenture interest 9,000 7,500 500 3,000 4,200 52,500 50.250 28,500 Profit before tax 31,500 Corporation tax Profit after tax 20.000 11,500 3,500 25,000 48.000 Retained profits Retained profits at year end 60.000 71,500 73,000
Alpha £000's £000's Beta £000's £000's Fixed Assets Freehold property at cost Other assets at cost 105,000 188,000 63,000 84,000 Depreciation Net book value 21.000 66.000 42,000 147,000 18.000 206,000 Current Assets Stocks 70,875 79,800 Debtors 44,075 114,950 42.420 122.220 Current Liabilities Creditors 81,720 42,000 32,530 Overdraft 1,420 Тахation 20,000 3,500 53.950 127.220 Net Current Assets/(Liabilities) 61.000 (5,000) 208,000 201,000 Non-Current Liabilities 8% Debentures 20X6 52,500 155,500 201,000 Financed by: Ordinary shares Retained profits 84,000 128,000 71,500 155,500 73.000 201,000
Transcribed Image Text:Alpha £000's £000's Beta £000's £000's Fixed Assets Freehold property at cost Other assets at cost 105,000 188,000 63,000 84,000 Depreciation Net book value 21.000 66.000 42,000 147,000 18.000 206,000 Current Assets Stocks 70,875 79,800 Debtors 44,075 114,950 42.420 122.220 Current Liabilities Creditors 81,720 42,000 32,530 Overdraft 1,420 Тахation 20,000 3,500 53.950 127.220 Net Current Assets/(Liabilities) 61.000 (5,000) 208,000 201,000 Non-Current Liabilities 8% Debentures 20X6 52,500 155,500 201,000 Financed by: Ordinary shares Retained profits 84,000 128,000 71,500 155,500 73.000 201,000
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