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Teacher Resource Bank
GCE Business Studies
BUSS3 Strategies for Success
· Formulae for Financial Ratios
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Teacher Resource Bank / GCE Business Studies / BUSS3 / Version 1.1
Formulae for Financial Ratios: BUSS3
Financial ratio Formula
Current ratio current assets : current liabilities
Acid test ratio liquid assets : current liabilities
Where liquid assets are current assets inventories (stock).
Return on capital employed % operating profit
(ROCE) total equity + non-current liabilities**
** Where this equals capital employed.…read more