(a)[8]
Use Table 2 and the information on lines 64–68. Assume that the changes proposed by the Finance Director are carried out. Calculate:
- operating profit margin for the end of October 2016 [4]
- gearing ratio for the end of October 2016 [4]
(b)[12]
Advise the Finance Director on whether the proposed adjustments to the way CJE reports accounting results should be made.