Financial Statements Quiz

What is the Gross Profit percentage if the Sales revenue is £180,000, Purchases for the year are £130,000, Opening Inventories are £20,000, and Closing Inventories are £30,000?

Calculate the Gearing percentage using the following data: Non-current assets are £270,000, Current assets are £160,000, Non-current liabilities are £90,000, Current liabilities are £45,000, and Total Equity is £295,000.

What is the formula for the Current Ratio in financial statements?

What is the formula for the Acid Test Ratio?

Calculate the Operating Profit percentage if the Revenue is £2,000 and Profit from Operations is £160.

What is the Return on Capital Employed if the Profit after tax is £125 and the Share Capital plus Retained Earnings total £750?

Calculate the Asset turnover ratio using Total assets of £1,010 and Revenue of £2,000.

What is the Net Profit Margin if the Net Income is £200 and the Total Revenue is £1,600?

Calculate the Debt to Equity Ratio using Total Liabilities of £500,000 and Total Equity of £1,000,000.

What is the Earnings Per Share if the Net Income is £300,000 and there are 150,000 shares outstanding?