balance sheet for a selected company explaining how accounting ratios can be used to monitor the financial performance of the organisation Turnover is the money that the business got from selling goods and services, £63,850,000 which is good because it’s higher than the less sales returns which is £250,000, so even if you take away the money of the less sales returns from the turnover you will still have £63,600,000 which is a good amount. Cost of good sold is the direct cost of selling and…
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