If anyone has access to BPP revision kit there is a 50 mark Question for Zilber Hotels in the suggested answers it mentions operating profit margin has fell by 15.4%, under the operating profit margin section. Can anyone tell me how this was calculated.
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7y ago
7y ago#1It doesn't say that. It says that profit margins (after adding the discount back to revenue) have fallen from 15.4% (20X6) to 13.5% 20X7)
So, for 20X6:
Revenue before d/c = 135697+18255 = 153952
Op profit = 23732
% = 15.4%
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