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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

Fundamentals of Financial Management (MindTap Course List)
Fundamentals of Financial Management (MindTap Course List)
15th Edition
ISBN:9781337395250
Author:Eugene F. Brigham, Joel F. Houston
Publisher:Eugene F. Brigham, Joel F. Houston
Chapter4: Analysis Of Financial Statements
Section: Chapter Questions
Problem 24P: Income Statement for Year Ended December 31, 2018 (Millions of Dollars) Net sales 795.0 Cost of...
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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
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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