# Help on Mark-Up

Sammy_Becs
Posts:

**5**Registered
Apologies, i realise my last post looked posted weird.

Could anyone help me with how i answer with question? Thank you in advance.

Receivables days are 52, Receivables are £3215920, these prices are on a mark-up of 25%, Selling cost is 5% of sales, Admin cost are 3.2% of sales, net assets are £1452500. There is 365 days in the year

Sales

COS

Gross Profit

Selling Cost

Admin Cost

Net Profit

Gross Profit Margin %

Net Profit Margin %

RONA %

Could anyone help me with how i answer with question? Thank you in advance.

Receivables days are 52, Receivables are £3215920, these prices are on a mark-up of 25%, Selling cost is 5% of sales, Admin cost are 3.2% of sales, net assets are £1452500. There is 365 days in the year

Sales

COS

Gross Profit

Selling Cost

Admin Cost

Net Profit

Gross Profit Margin %

Net Profit Margin %

RONA %

## Comments

2Registered265AAT Student, AATQB3215920x365/52=22573284

COS

Mark up(gross profit) + COS = sales

25%+75%=100%

22573284/100%x75%=16929963

GP

22573284/100%x25%=5643321

Selling cost

22573284x5%=1128664.20

Admin cost

22573284x3.2%=722345.08

Net Profit

GP - selling+admin cost=3792311.80

For the ratios you just fill in the formula with the above

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