Quiz
Accounting ratios
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Questions in this quiz (10)
1the current ratio is sometimes referred to as the working capital ratio
- ATrue
- BFalse
2Which of the following is the correct ratio for the acid test?
- Acurrent assets/current liabilities
- Bcurrent assets less receivables/ current liabilities
- Ccurrent assets less inventory/ current liabilities
3Tick the ratios from the list that measure profitability
- Aacid test
- Breturn on shareholders funds
- Creturn on capital employed
- Dcurrent ratio
- Einterst cover
- Fpayable days
- Gasset turnover
- Hgross profit percentage
4Asset turnover is revenue/ non-current assets
- ATrue
- BFalse
5how do you measure trade payables payment period?
- Atrade payables/cost of sales
- Binventory/ trade payables
- Ctrade payables/cost of sales x 365 days
6What is the correct ratio to measure working capital?
- Ainventory days + receivable days - payable days
- Binventory days + payable days -receivable days
- Creceivable days - inventory holding + payables
7what is the trade receivables colllection period?
- Atrade receivables/revenue x 365 days
- Btrade receivables/cost of sales x 365 days
- Ctrade receivables/inventory x 365 days
- Dtrade receivables/capital x 365 days
8how do you measure gearing?
- Aprofit from operations/finance costs
- Bnon-current assets/non current liabilities + total equity x 100
- Cnon-current liabilities/non current liabilities + total equity x 100
9What is the calculation for interest cover?
- Anon current liabilities/finance costs
- Bfinance costs/ non current liabilities
- Cprofit from operations/finance costs
- Dfinance costs/ profit from operations
10What is the ratio for return on shareholders funds?
- Acost of sales/interest x 100
- Bprofit after tax/total equity x100
- Csales/total equity x 100
- Dtrunover/ non current liabilities x 100
Information
- Description
- Highers Accounting Quiz on Accounting ratios, created by ross young on 21/01/2022.
- Author
- ross young
- Language
- English
- Views
- 15
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