Given all the recent big numbers coming from the UK’s No.1 retailer, your £10k trade investment may seem paltry….
If, however, it is being treated like a pittance, it might be worth pointing out that, based on its latest UK trading margin* of 1.1%, £10k is equivalent to ex VAT sales of £909k…
A point to ponder over the long weekend?
*...52 weeks ended 28th Feb. 2015 - UK Sales ex VAT = £43,573m, Trading profit = £467m.
£10k = 1.1% of equivalent sales i.e. £10k/1.1 x 100
If, however, it is being treated like a pittance, it might be worth pointing out that, based on its latest UK trading margin* of 1.1%, £10k is equivalent to ex VAT sales of £909k…
A point to ponder over the long weekend?
*...52 weeks ended 28th Feb. 2015 - UK Sales ex VAT = £43,573m, Trading profit = £467m.
£10k = 1.1% of equivalent sales i.e. £10k/1.1 x 100
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