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Examen
fin2603 formulae 2023 with verified questions and answers
ROI 
net profit after tax / total assets x 100 
 
 
 
GROSS PROFIT MARGIN 
sales - cost of sales / sales x 100 
 
 
 
NET PROFIT MARGIN 
net profit after tax / sales x 100 
 
 
 
BE POINT IN UNITS 
total fixed cost / marginal income per unit 
 
 
 
BE POINT IN RAND 
number of units x selling price 
 
 
 
PI 
present value of net cash flows / initial investment 
 
 
 
accept profitability index if 
it is greater than 1 
 
 
 
ROE 
net profit after tax / shareholders equity x 100 
 
 
 
EPS 
net p...
Examen
fin2603 formulae Questions & Answers
Popularfin2603 formulae Questions & Answers