APSL


HideShow resource information

1. Gross profit

  • has decreased and the gross profit margin has risen
  • has decreased and the gross profit margin has fallen
  • has increased but the gross profit margin has fallen
  • has increased and the gross profit margin has risen
1 of 6

Other questions in this quiz

2. If costs have gone up more than sales then the firm is experiencing

  • low gearing
  • diseconomies of scale
  • poor liquidity
  • economies of scale

3. Which one of the following statements is false?

  • It is a key objective of APSL’s owner-directors to remove the Interest expense from the profit and loss account.
  • APSL’s ability to repay interest from profit has fallen significantly between 2012 and 2013
  • APSL's gearing has risen
  • Gearing has fallen

4. Revenue has

  • fallen but more than the cost of sales
  • increased but less than the cost of sales
  • increased but more than the cost of sales
  • fallen but less than the cost of sales

5. Short-term liquidity can best be measure by

  • stock turnover
  • acid test
  • gearing
  • current ratio

Comments

No comments have yet been made

Similar Business Studies resources:

See all Business Studies resources »See all Financial Planning resources »