Other questions in this quiz

2. Gross profit=

  • Sales revenue- cost of goods sold
  • Capital employed
  • Sales revenue- total contribution
  • Fixed costs- revenue

3. Mark up

  • Total liabilities
  • Gross profit x quantity sold
  • Gross profit/ cost of sales x100
  • Cost of goods- cost of sales

4. Profit margin

  • Fixed costs x contribution per unit
  • Jewks
  • Profit/ revenue x100
  • Profit/total contribution

5. Net assets=

  • Opening capital + fixed costs
  • Hall et al
  • Non current assets + net current assets- long term liabilities
  • Currents assets + long term liabilities

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