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need a hand on my homework.

BillieTheBotBillieTheBot Posts: 8,721 Bot
edited March 27 in Work & Study
hi guys

Im doing some business homework and am stuck and need a little bit of help.

When you are trying to work out return on capital employed is it net profit divided by capital employed then you multiply by 100?

then for working out net profit margin is it net profit devided by sales then multiplied by 100?

please help me or my teacher will be a very unhappy bunny.
thanks
Beep boop. I'm a bot.
Post edited by JustV on

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    Former MemberFormer Member Posts: 1,876,323 The Mix Honorary Guru
    Correct on both counts but dont forget capital employed is all shares, reserves and long term liabilities.

    See my accountancy qualifications are useful..
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    Former MemberFormer Member Posts: 1,876,323 The Mix Honorary Guru
    ok need some more help If you'd be so kind.

    What document would an employee send on the behalf of a business to correct an error in an invoice?
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    Former MemberFormer Member Posts: 1,876,323 The Mix Honorary Guru
    Have you actually read through any notes/text books you have?
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    Former MemberFormer Member Posts: 1,876,323 The Mix Honorary Guru
    I got the answer (was a credit memo) just wanted to double check.
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    Former MemberFormer Member Posts: 1,876,323 The Mix Honorary Guru
    I got the answer (was a credit memo) just wanted to double check.

    He he he! Almost had ALL your homework done for you, huh? :p
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    Former MemberFormer Member Posts: 1,876,323 The Mix Honorary Guru
    Sofie wrote:
    Have you actually read through any notes/text books you have?

    alright mum, calm down :p
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    Former MemberFormer Member Posts: 1,876,323 The Mix Honorary Guru
    I got the answer (was a credit memo) just wanted to double check.
    Credit memo/invoice does the trick.
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