Other questions in this quiz

2. What is the formula for liquid capital ratio?

  • Current assets-inventory/current liabilities x100
  • Inventory x current assets
  • Current assets- inventory/current libilities
  • Inventory/current liabilities

3. What is the formula for gross profit markup?

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

4. What is the formula for return on capital employed?

  • Profit from operations/capital employed x100
  • Operating profit x capital employed
  • Profit for the year/capital employed x100
  • Capital employed/profit from operations x100

5. What is the formula for gross profit margin?

  • Gross profit/salesx100
  • Gross profit/cost of sales x100
  • Gross profit/sales
  • Gross profit/cost of sales

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