Business, 10.03.2021 14:40 Svetakotok
7) Patrick owns a small but successful business selling and fitting bathrooms. He operates from a showroom
that costs him £36 000 a year. Last year he fitted 40 bathrooms with an average price of £4 000. His
variable costs are 50% of his selling price.
Calculate:
a.
Patrick's sales revenue
/1 mark
b. Patrick's total variable costs
/1 mark
c. Patrick's total costs
71 mark
d. Patrick's profit
/1 mark
10. What is Patrick's new profit as a percentage of sales revenue?
/3 marks​
Answers: 3
Business, 22.06.2019 06:30
The larger the investment you make, the easier it will be to: get money from other sources. guarantee cash flow. buy insurance. streamline your products.
Answers: 3
Business, 22.06.2019 14:30
United continental holdings, inc., (ual), operates passenger service throughout the world. the following data (in millions) were adapted from a recent financial statement of united. sales (revenue) $38,901 average property, plant, and equipment 17,219 average intangible assets 8,883 1. compute the asset turnover. round your answer to two decimal places.
Answers: 2
7) Patrick owns a small but successful business selling and fitting bathrooms. He operates from a sh...
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