Turnover Gross Profit Extracts from Julie's accounts are shown below Ye-Dec-24 Ye-Dec-23 18,500 16,000 Expenses 4,500 4,000 Less Interest Operating Profit 2,400 1,500 3,000 1,600 Less Taxation 500 700 200 Profit for Year 400 1,900 900 Non-current assets Inventory 19,600 16,400 Trade Receivables Cash at Bank 840 2,790 640 1,890 Total Assets Trade Payables Taxation Net assets Shareholder funds Debentures (2030) Notes Annual depreciation charges were £3,000. No asset disposals arose during the year. No dividends were paid during the year. Required: a) Prepare Julie's indirect cashflow statement for Ye-Dec-24. b) Calculate for Ye-Dec-24:- 1) Gross Profit Margin 2) Operating Profit Margin 3) Return to shareholders 4) Return to debtholders 450 350 23,680 19,280 830 570 340 460 22,510 18,250 15,510 13,250 7,000 5,000 22,510 18,250
Turnover Gross Profit Extracts from Julie's accounts are shown below Ye-Dec-24 Ye-Dec-23 18,500 16,000 Expenses 4,500 4,000 Less Interest Operating Profit 2,400 1,500 3,000 1,600 Less Taxation 500 700 200 Profit for Year 400 1,900 900 Non-current assets Inventory 19,600 16,400 Trade Receivables Cash at Bank 840 2,790 640 1,890 Total Assets Trade Payables Taxation Net assets Shareholder funds Debentures (2030) Notes Annual depreciation charges were £3,000. No asset disposals arose during the year. No dividends were paid during the year. Required: a) Prepare Julie's indirect cashflow statement for Ye-Dec-24. b) Calculate for Ye-Dec-24:- 1) Gross Profit Margin 2) Operating Profit Margin 3) Return to shareholders 4) Return to debtholders 450 350 23,680 19,280 830 570 340 460 22,510 18,250 15,510 13,250 7,000 5,000 22,510 18,250
Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
Section: Chapter Questions
Problem 1PS
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Transcribed Image Text:Turnover
Gross Profit
Extracts from Julie's accounts are shown below
Ye-Dec-24
Ye-Dec-23
18,500
16,000
Expenses
4,500
4,000
Less Interest
Operating Profit
2,400
1,500
3,000
1,600
Less Taxation
500
700
200
Profit for Year
400
1,900
900
Non-current assets
Inventory
19,600
16,400
Trade Receivables
Cash at Bank
840
2,790
640
1,890
Total Assets
Trade Payables
Taxation
Net assets
Shareholder funds
Debentures (2030)
Notes
Annual depreciation charges were £3,000.
No asset disposals arose during the year.
No dividends were paid during the year.
Required:
a) Prepare Julie's indirect cashflow statement for Ye-Dec-24.
b) Calculate for Ye-Dec-24:-
1) Gross Profit Margin
2) Operating Profit Margin
3) Return to shareholders
4) Return to debtholders
450
350
23,680
19,280
830
570
340
460
22,510
18,250
15,510
13,250
7,000
5,000
22,510
18,250
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