top of page
Terry
0450-18-M-J-11-3e
Chan
TOPIC QUESTION - PAPER 1
Login Email
Chan
February 16, 2021 at 4:46:46 AM
May/June 2018
Version 1
5.0 Financial Information and Decisions
5.5 Analysis of Accounts
YOUR ANSWER
Gross profit margins in 2016 was 60% (240/400 x100) while in 2017 (320/480 x 100) was 67%, showing an increase by 7%. Profit margin in 2017 was 25% (120/480 x 100), while it was 30% (120/400 x 100) in 2016, showing a decrease by 5%.
As such, IBH's overall performance have not improved, as while revenue and gross profits have increased, net profits remained the same, indicating an increase in expenses. IBH may want to find ways to reduce expenses in the future.
Grade:
Login in two days to see your grade if you have a subscription. Schedule an answer grading tutorial to find out how you were graded or try more questions here.
ANSWER SCHEME
EMAIL YOUR ANSWER
Successful
Please inform your reviewer that you have sent them an email and to check their spam folder.
SCORING STRATEGY
bottom of page