3.5.2 Ratio Analysis Flashcards
1
Q
Current Ratio formula:
A
Current assets / Current liabilities
2
Q
Acid test ratio formula:
A
Current assets - inventory / Current liabilities
3
Q
Gearing ratio formula:
A
Non-current liabilities / Capital employed X 100
4
Q
ROCE ratio formula:
A
Operating profit / Capital employed X 100
