How will the company’s return on capital employed (ROCE) and net profit margin ratios for the year be affected?

On the first day of the new financial year, the value of the non-current assets held by Vieta Co increased because the directors implemented a policy of revaluation. How will the company’s return on capital employed (ROCE) and net profit margin ratios for the year be affected?A . ROCE = Increase, Net profit margin...

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Bush has been asked by his bank to produce a budgeted income statement for the six months ending on 31 March 2014. He forecasts that monthly sales will be $3,000 for October, $4,500 for each of November and December, 2013 and $5,000 per month from January 2014 onwards.

Bush has been asked by his bank to produce a budgeted income statement for the six months ending on 31 March 2014. He forecasts that monthly sales will be $3,000 for October, $4,500 for each of November and December, 2013 and $5,000 per month from January 2014 onwards. Selling price is fixed to generate...

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