Ratios

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May 25, 2017 at 7:23 pm #388093
Arooba
Member
- Topics: 58
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Hi tutor
I was solving the June 2015 financial interpretation question and for 2015 the operating profit margin and ROCE are 10.3% and 21.8% respectively. whereas according to my calculations, it 13% for operating profit margin and ROCE is 27.6%. Can you please tell me where I went wrong?
May 25, 2017 at 8:02 pm #388100
MikeLittle
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- Topics: 27
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Have you maybe included the profit from the sale of the division? It should be excluded if we are to have truly comparable figures and the sale of the division is a one-off transaction
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