Business – 10.2 Analysis of published accounts – Profitability ratios | e-Consult
10.2 Analysis of published accounts – Profitability ratios (1 questions)
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Current figures:
| Units sold | 5,000 |
| Selling price per unit | £80 |
| Total revenue | £400,000 |
| Total cost (current) | £250,000 |
| Current profit | £150,000 |
After a 10% cost reduction:
| Reduced total cost | £225,000 |
| New profit | £175,000 |