An extract from Henman Ltd's accounts is given below:
Which of the following statements is true?
A) Henman Ltd made a gross profit margin of 40% and an operating profit margin of 15%.
B) Henman Ltd made a gross profit margin of 60% and an operating profit margin of 15%.
C) Henman Ltd made a gross profit margin of 40% and an operating profit margin of 25%.
D) Henman Ltd made a gross profit margin of 60% and an operating profit margin of 25%.
Correct Answer:
Verified
Q1: The acid test ratio is a measure
Q2: Val Ltd made an operating profit of
Q3: Williams plc is considering paying an ordinary
Q4: Murray Ltd's trade receivable days has been
Q6: Business A is a computer manufacturer who
Q7: Nadal Ltd's trading account for the year
Q8: Which one of the following ratios is
Q9: Which one of the following is not
Q10: Emily Ltd had the following ratios at
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents