APPLICATION OF NUMBER
LEVEL 1
N.1.2 CARRY OUT STRAIGHTFORWARD CALCULATIONS
Using profit and loss accounts to calculate gross and
net profits
LEVEL 2
N 2.2 CARRY OUT CALCULATIONS
Using adapted profit and loss accounts and balance sheets
to calculate a variety of business ratios
N 2.3 INTERPRETING THE RESULTS OF CALCUATIONS
Present the information calculated in N 2.2 and either
compare the results of similar businesses or compare results of the same business
over time.