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fin2603 formulae 2023 with verified questions and answers
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February 2023

2022/2023

A+
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...
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