Other questions in this quiz

2. What is the formula for overheads in relation to revenue?

  • Sales/ overheads
  • Overheads/sales x100
  • Overheads x revenue
  • Overheads/revenue

3. What is the formula for rate of inventory turnover?

  • Cost of sales/average inventory x100
  • Cost of sales/average inventory
  • Average inventory/cost of sales
  • Cost of sales x average inventory

4. What is the formula for gearing?

  • Current liabilities/ capital employed x100
  • Non-Current liabilities/ capital employed x100
  • Current liabilities/ capital employed
  • Non-Current assets/ capital employed x100

5. What is the formula for gross profit markup?

  • Gross profit/cost of sales x100
  • Gross profit/sales x100
  • Gross profit/cost of sales
  • Gross profit/sales

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