Formulas Flashcards
1
Q
Gross profit ratio
A
Gross profit
—————— x 100
Sales revenue
2
Q
Net profit ratio
A
Net profit
————- X 100
Sales revenue
3
Q
Current ratio
A
Current assets
———————
Current liabilities
4
Q
Acid test ratio
A
Current assets-stock
—————————
Current liabilities
5
Q
Return on capital employed
A
Operating profit
———————- x 100
Capital employed
6
Q
Total costs
A
Fixed + variable
7
Q
Average cost
A
Total cost
—————
Total produced
8
Q
Gross profit
A
Sales revenue - cost of sales
9
Q
Operating profit
A
Gross profit- expenses
