Quelpr
1 markFinancial Statements and Users of Accounting Information

CAPE Management of Business Unit 1 · 2002 · Paper 1 · Question 12(a)

During the year a firm generated revenue of 50 000. The cost of sales was 32 000. Overhead expenses included administrative expenses of 7 200 and depreciation on equipment of 2 400.

What was the net profit?

The mark scheme is shown once you've answered.

Practise this question

Other parts of this question

  1. 12(b)Compute the Net Profit Margin percentage to 1 decimal place.[1 mark]
  2. 12(c)Compute the percentage mark-up to the nearest whole number.[2 marks]

More practice: the rest of this paper · more Financial Statements and Users of Accounting Information questions · all CAPE Management of Business Unit 1 past papers