Summative Task – Río Mobiliario
This is a summative task. You may use a calculator as well as the formula sheet found in the files tab or on page 64 of the IB Business Management Guide. You may not use any other outside sources. Once you have
completed your work, upload your assignment as a PDF.
Río mobiliario (RM)
Río mobiliario (RM) is a Brazilian furniture manufacturer. It generates sales in South America, North America and Europe. It has successfully outsourced* production and distribution facilities to North America.
Summative Task – Río Mobiliario
*Outsourcing is the delegation of certain business functions to another company. You will learn about outsourcing in the unit on operations management next year.
Selected financial data for the year ended and as of 31 December 2020 (all figures are in millions of Brazilian reals):
- Define the term ‘cost of sales’. [2]
- Calculate the gross profit X for [1]
- Calculate Y and hence, calculate the profit margin for RM. [2]
- Using relevant information from the table, construct a fully labelled statement of financial position for [5]
Summative Task – Río Mobiliario
This is a summative task. You may use a calculator as well as the formula sheet found in the files tab or on page 64 of the IB Business Management Guide. You may not use any other outside sources. Once you have
completed your work, upload your assignment as a PDF.
Río mobiliario (RM)
Río mobiliario (RM) is a Brazilian furniture manufacturer. It generates sales in South America, North America and Europe. It has successfully outsourced* production and distribution facilities to North America.
Summative Task – Río Mobiliario
*Outsourcing is the delegation of certain business functions to another company. You will learn about outsourcing in the unit on operations management next year. APA.
Selected financial data for the year ended and as of 31 December 2020 (all figures are in millions of Brazilian reals):
- Define the term ‘cost of sales’. [2]
- Calculate the gross profit X for [1]
- Calculate Y and hence, calculate the profit margin for RM. [2]
- Using relevant information from the table, construct a fully labelled statement of financial position for [5]