Statement of comprehensive income for Salsa Sauces Ltd. Turnover
£500000
cost of sales
£210000
Gross profit
£290000
Expenses:

administration
£12000
wages
£85000
vehicle costs
£19000
heat and light
£25000
other expenses
£4000
Total expenses

Net profit

b. What is gross profit as a percentage of turnover?
c. What is net profit as a percentage of turnover?

Stock market crashes happen when the value of most of the stocks in the stock market increase at the same time. question 10 options: true false

Newton industries is considering a project and has developed the following estimates: unit sales = 4,800, price per unit = $67, variable cost per unit = $42, annual fixed costs = $11,900. the depreciation is $14,700 a year and the tax rate is 34 percent. what effect would an increase of $1 in the selling price have on the operating cash flow?

The smelting department of kiner company has the following production and cost data for november. production: beginning work in process 3,700 units that are 100% complete as to materials and 23% complete as to conversion costs; units transferred out 10,500 units; and ending work in process 8,100 units that are 100% complete as to materials and 41% complete as to conversion costs. compute the equivalent units of production for (a) materials and (b) conversion costs for the month of november. materials conversion costs total equivalent units