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From the subsequent financial data describe:
a) How the airline company has grown-up
b) How the company has been capable to earn grater margins at higher levels of sales
Particulars
2006(Rs.mil)
2005(Rs. mil)
Sales
8800
7200
Salaries
2900
2400
Fuel
1100
1000
Fleet Operations Cost
3900
3200
Total Operating Expenses
7900
6600
Operating Income
900
600
Interest Expenses
230
200
Tax
335
Net Income after taxes
Total Assets
9600
8400
Current Liabilities
2700
2000
Long Term Debt
3000
Equity
3400
Total Liabilities
what is the computation procedure of accounting rate of return?
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