# Accounting Paper 1, November 2024, question 3.1

> Give TWO indicators from the profitability information that show Kopano Ltd is... Marked mark by mark. Q3.1, Accounting Paper 1 November 2024, 4 marks.

Canonical: https://sharpkop.co.za/accounting/2024-nov-p1/q3-1/
Last updated: 2026-11-12

Subject: Accounting. Source: Based on Nov 2024 · Paper 1 · Q3.1. Marks: 4. Not yet checked by a teacher.

## Question 3.1 (4 marks)

Kopano Ltd, year ended 31 March 2024
Profitability (percentages for 2023 and 2024):
Gross profit as % of sales: 2023: 40%; 2024: 40%
Operating expenses as % of sales: 2023: 22%; 2024: 16%
Operating profit as % of sales: 2023: 18%; 2024: 24%
Net profit before tax as % of sales: 2023: 15%; 2024: 23%
Mark-up % on cost of sales: 2023: 66,7%; 2024: 66,7%

Give TWO indicators from the profitability information that show Kopano Ltd is keeping its costs under control. Support each with the actual percentages and say in which direction each one moved.

## Practise it

[Answer this question](https://sharpkop.co.za/accounting/2024-nov-p1/q3-1/) and see it marked mark by mark, with the reason for every lost mark.

## Related

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