Ch 35 - Key terms 0.0 / 5 ? Business Studies-IGCSENone Created by: a f.vCreated on: 10-12-14 11:44 Acid test ratio Similar to the current ratio but excludes stocks from current assets. Sometimes called the quick ratio 1 of 6 Current ratio Assesses the firm's liquidity by diving current liabilities into current assets 2 of 6 Gross profit margin or mark-up Gross profit expressed as a percentage of turnover 3 of 6 Net profit margin Net profit expressed as a percentage of turnover 4 of 6 Ratio analysis A numerical approach to investigating accounts by comparing two related figures 5 of 6 Return on capital employed (ROCE) The profit of a business as a percentage of the total amount of money used to generate it 6 of 6
Comments
No comments have yet been made