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Strategy Formulation (Part 2)

Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA AFM Exams › Strategy Formulation (Part 2)

  • This topic has 3 replies, 2 voices, and was last updated 4 years ago by John Moffat.
Viewing 4 posts - 1 through 4 (of 4 total)
  • Author
    Posts
  • November 29, 2021 at 2:44 am #641967
    lusan
    Participant
    • Topics: 32
    • Replies: 17
    • ☆

    In this video Net Profit margin is calculated as PBIT upon revenue, Isn’t it is revenue minus the cost of goods sold, operating and other expenses, interest, and taxes and divided by revenue.

    November 29, 2021 at 8:44 am #641979
    John Moffat
    Keymaster
    • Topics: 57
    • Replies: 54835
    • ☆☆☆☆☆

    That is the definition for financial accounts, but for management purposes it is the operating profit that we are always concerned with and this is the profit before interest and tax (because that is the profit that is under the control of the management).

    December 5, 2021 at 1:37 pm #642597
    lusan
    Participant
    • Topics: 32
    • Replies: 17
    • ☆

    Thank you so much sir.

    December 5, 2021 at 3:22 pm #642614
    John Moffat
    Keymaster
    • Topics: 57
    • Replies: 54835
    • ☆☆☆☆☆

    You are welcome 🙂

  • Author
    Posts
Viewing 4 posts - 1 through 4 (of 4 total)
  • The topic ‘Strategy Formulation (Part 2)’ is closed to new replies.

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