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Card 26
Front
What is the accountant recommended benchmark figure for the current ratio?
Back
Card 27
Front
What is the accountant recommended benchmark figure for the acid test ratio?
Back
Card 28
Front
What is stock also known as?
Back
Card 29
Front
What is the definition of 'overheads'?
Back
Card 30
Front
What is the formula for 'gross profit'?
Back
Card 31
Front
What is the formula for 'net profit'?
Back
Card 32
Front
What is the definition of 'expenses'?
Back
Card 33
Front
What does the liquidity of an asset show?
Back
Card 34
Front
How is a profit and loss account useful for a firm's stakeholders?
Back
Card 35
Front
How is a balance sheet useful for a firm's stakeholders?
Back
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