Using your P&L account and Balance sheet sheet complete the following calculations: Gross Profit margin Gross Profit Percentage margin Net Profit margin Net Profit Percentage margin Current Ratio Acid Test ROCE In addition to these calculations, please make analysis and interpretations of the data determined. From the data below please complete a P&L Account Opening Stock - £800,000 Depreciation - £80,000 Advertising expenses - £60,000 Rent - £15,000 Salaries - £56,000 Commission - £5,000 Other expenses - £7,000 Closing Stock - £200,000 Sales - £1,000,000 From the data below please complete a Balance Sheet with the appropriate sections including Fixed Assets, Current Assets, Other Assets, Long Term Liabilities, short term liabilities and Equity. Land - £ 24,300 Equipment - £45,000 Intangible asset - £3,700 Accounts Payable - £30,000 Notes Payable - £10,000 Building and Improvements - £250,000 Account Expenses - £7,000 Additional Paid in capital - £20,000 Common Stock - £10,000 Long term Liabilities - £200,000 Inventory - £15,000 Investments - £14,000 Retained Earnings - £195,000 Cash and cash - £100,000 Accounts receivable - £20,000
Using your P&L account and
- Gross Profit margin
- Gross Profit Percentage margin
- Net Profit margin
- Net Profit Percentage margin
Current Ratio - Acid Test
- ROCE
In addition to these calculations, please make analysis and interpretations of the data determined.
From the data below please complete a P&L Account
Opening Stock - £800,000
Advertising expenses - £60,000
Rent - £15,000
Salaries - £56,000
Commission - £5,000
Other expenses - £7,000
Closing Stock - £200,000
Sales - £1,000,000
From the data below please complete a Balance Sheet with the appropriate sections including Fixed Assets, Current Assets, Other Assets, Long Term Liabilities, short term liabilities and Equity.
Land - £ 24,300
Equipment - £45,000
Intangible asset - £3,700
Accounts Payable - £30,000
Notes Payable - £10,000
Building and Improvements - £250,000
Account Expenses - £7,000
Additional Paid in capital - £20,000
Common Stock - £10,000
Long term Liabilities - £200,000
Inventory - £15,000
Investments - £14,000
Cash and cash - £100,000
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