Help needed

kimberley28kimberley28 New MemberRegistered Posts: 8
Please could someone help me??

I am having trouble an activity in Unit 6. It is activity 3 in the chapter named Performance Assesment. I am having trouble calculating the percentage for net profit/sales etc.

Could some please give me some advice?

Comments

  • PGMPGM Font Of All Knowledge Registered Posts: 1,954
    I haven't seen the question, but have you taken returns off the sales figure? I
  • kimberley28kimberley28 New Member Registered Posts: 8
    No there is no returns. The question is about ratios
  • PGMPGM Font Of All Knowledge Registered Posts: 1,954
    No there is no returns. The question is about ratios

    Then its the net profit figure over sales, and multiply by 100 to get the %
  • kimberley28kimberley28 New Member Registered Posts: 8
    Hi there, i can't find what the net profit is, the question i am faced with is: -

    Task 1 - complete the following table of ratios for 2005, the ratios for 2004 are given.

    Table of ratios Ratio 2004 2005
    Hardware - commercial Net profit/sales 17.5% ?
    Development costs/Sales 34.7% ?
    Sales per employee 22,107 ?

    Results for the 2004/2005 financial year are as follows
    Year Hardware Hardware Software &
    Commercial Goverment consultancy
    2005 Sales 15,957,000 24,768,000 11,368,000
    2005 Development costs 6,376,000 7,832,000 2,134,000
    2005 Other Costs 7,215,000 8,150,000 3,716,000
    2005 No Employee's 831 607 423
    2004 Sales 17,643,000 25,974,000 9,276,000

    Note It is company policy to write off development costs in the year of expenditure because of technology.

    I can figure out thedepartment costs over sales but not the NET profit over sales, what i need is a percentage, please help!
  • marknotgeorgemarknotgeorge Well-Known Registered Posts: 158
    You need to subtract the development and other costs from sales to arrive at the net profit. Then divide the net profit by sales and multiply by 10 to get the ratio.

    I've seen this very question, but for Unit 7.
  • kimberley28kimberley28 New Member Registered Posts: 8
    Thanks for your help much appreciated.:001_smile:
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