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Hammond shoes part a June 2012

This topic has 4 replies, 3 voices, and was last updated 8 years ago by Ken Garrett.

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May 10, 2015 at 7:07 pm #245153
Mubzy
Member
- Topics: 14
- Replies: 16
Hi ,
Just wondering how they get hearing at 6.9% for 2007.
I would do debt / equity.. And I get a figure way off the mark.
Any suggestions?
May 10, 2015 at 7:16 pm #245154
Mubzy
Member
- Topics: 14
- Replies: 16
Also .. How would it be possible to calculate trade receivable days when credit sales figures haven’t been provided ?
May 11, 2015 at 1:07 pm #245258
Ken Garrett
Keymaster
- Topics: 10
- Replies: 10648
Gearing = D/(D+E) = 20/290. It’s fine to use D/E instead.
For receivables days they have used the revenue figure, though I am not very sure why a retail organisation has receivables.
January 21, 2018 at 5:56 am #431738
parisnaaa
Member
- Topics: 32
- Replies: 92
Sir, how is the Roce calculated? The formula is Pbit /capital employed. But how is the capital employed calculated?
January 21, 2018 at 6:51 am #431751
Ken Garrett
Keymaster
- Topics: 10
- Replies: 10648
Capital employed is share capital plus reserves plus long term loans.
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