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More cards in this set
Card 16
Front
What does the 'trading account' record and include?
Back
Card 17
Front
What does the appropriation account show and who does it apply to?
Back
Card 18
Front
What are the two profitability ratios?
Back
Card 19
Front
What is the formula for 'Gross Profit Margin'?
Back
Card 20
Front
What does a GPM answer of 60% mean?
Back
Card 21
Front
What is the formula for 'Net Profit Margin'?
Back
Card 22
Front
What does a NPM answer of 35% mean?
Back
Card 23
Front
What are the two liquidity ratios?
Back
Card 24
Front
What is the formula for 'Current Ratio'?
Back
Card 25
Front
What is the formula for 'Acid Test Ratio'?
Back
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