Accounting

Question 1

what is the formula for gross profit margin

Answer 1

gross profit X 100 / sales

Question 2

what is the formula for net profit margin

Answer 2

net operating profit X 100 / sales

Question 3

what is the formula for expenses to sales percentage

Answer 3

expenses X 100 / sales

Question 4

what is the formula for return on capital employed

Answer 4

net operating profit X 100 / capital employed

Question 5

what is the formula for fixed asset turnover

Answer 5

sales / fixed assets

Question 6

what is the formula for total asset turnover

Answer 6

sales / total assets

Question 7

what is the formula for stock turnover

Answer 7

cost of sales/ average stock

Question 8

what is the formula for stock days

Answer 8

average stock X 365 / cost of sales

Question 9

what is the formula for debtors days

Answer 9

trade debtors X 365 / credit sales

Question 10

what is the formula for creditors days

Answer 10

trade creditors X 365 / credit purchases

Question 11

what is the formula for current ratio

Answer 11

current assets/ current liabilities

Question 12

what is the formula for quick ratio

Answer 12

current assets - stock / current liabilities

Question 13

what is the formula for gearing

Answer 13

debt / debt + equity

Question 14

what is the formula for interest cover

Answer 14

net profit before interest/ interest

Question 15

what is the formula for earnings per share

Answer 15

profit attributable to shareholders / number of shares

Question 16

what is the formula for price earnings ratio

Answer 16

market price of share / earnings per share

Question 16

what is the formula for dividend cover

Answer 16

profit attributable to shareholders/ dividends for period

Question 17

what is the formula for dividend yield

Answer 17

dividend per share X 100 / market price per share

Question 18

company Profit and loss - revenue to operating expenses - 10

Answer 18

R,COS,OPI,P,CLI,GP,OI<PR,OE

Question 19

Company Profit and loss - Operating expenses to profit/ loss for year - 11

Answer 19

OE,A,D,PI,PI,D,OP,FC,PBT,T,P/LFY

Question 20

Company - balance sheet - Assets to total assets - 10

Answer 20

A,NCA,P,PAEN,CA,I,TR,CACE,PPE,TA

Question 21

Company - balance sheet - liabilities to total liabilities - 11

Answer 21

L,EAR,NCL,D,CL,TP,O,AE,UI,UT,TL

Question 22

statement of changes in equity - 11 - profit and loss part

Answer 22

CB,RA,TFP,DP,PFY,OPB,SC,SP,RR,AR,T

Question 23

statement of cashflow operating profit to tax paid -10

Answer 23

OP+,D+,DA,CAI,CAR,CAPP,CLP,CLA,IP-,TP-

Question 24

Statement of cashflow - cashflow operating to CL cash and cash equivalents -11

Answer 24

C-O,FAP-,FAD+,C-I,LR,DR,DP-,C-F,O-C,OPC&CE,CLC&CE

Question 25

CASH BUDGET - cash in to closing balance - 13

Answer 25

CI,SC,SC,TCI,CO,PC,E,W,E,I,TCO,OPB,CLB

Question 26

CASH BUDGET profit and loss - sales to net profit - 10

Answer 26

S,OPS,P,CLS,GP,W,E,NP,I,NP

Question 27

CASH BUDGET - balance sheet - assets to total liabilities - 16

Answer 27

A,NCA,CA,S,D,B,TA,L,C,P&L,NCL,L,CL,C,O,TL