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Determine the operating profit after tax

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Question - The financial information for Ski plc for the year ended 31 December 2021 is as follows.

Sales 13,585

Operating profit after tax 933

Operating assets 15,825

Operating liabilities 5,331

Assume that the operating profit margin and asset turnover will remain at the 2021 level. Assume that sales will grow by 2% in 2022.

Required - Apply simple forecasting methods to determine the operating profit after tax for 2022. Give your answer rounded to the nearest whole number.

Reference no: EM133150932

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