APSL
- Created by: Vicki Semmens
- Created on: 19-04-14 11:38
Other questions in this quiz
2. Short-term liquidity can best be measure by
- stock turnover
- acid test
- gearing
- current ratio
3. Gross profit
- has increased but the gross profit margin has fallen
- has decreased and the gross profit margin has fallen
- has increased and the gross profit margin has risen
- has decreased and the gross profit margin has risen
4. Revenue has
- increased but less than the cost of sales
- fallen but more than the cost of sales
- fallen but less than the cost of sales
- increased but more than the cost of sales
5. Which one of the following statements is false?
- Gearing has fallen
- It is a key objective of APSL’s owner-directors to remove the Interest expense from the profit and loss account.
- APSL's gearing has risen
- APSL’s ability to repay interest from profit has fallen significantly between 2012 and 2013
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