The new Q2022 AAT Level 3 ‘Financial Accounting Preparing Financial Statements’ includes interpreting profitability ratios.
In the latest issue of PQ magazine top tutor, Teresa Clarke, shows you how to calculate the profitability ratios and how to interpret them, see: https://issuu.com/pqpublishing/docs/pq_feb23_multi.
She looks at the gross profit margin, net profit margin, expense over revenue percentage, and return on capital employed. Check it out on page 27.
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