2.3 Flashcards

(9 cards)

1
Q

Gross profit

A

Revenue - cost of sales

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2
Q

Operating profit

A

Revenue - other operating expenses

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3
Q

Profit for the year (net profit)

A

Revenue - interest

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4
Q

Net assets

A

Non current assets + current assets - current liabilities- non current liabilities

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5
Q

Current ratio

A

Current assets / current liabilities

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6
Q

Acid test ratio

A

Current assets - inventory /current liabilities

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7
Q

Gross profit margin

A

Gross profit / revenue x 100

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8
Q

Operating profit margin

A

Operating profit/ revenue x 100

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9
Q

Profit for the year (net profit) margin

A

Profit for the year (net profit) / revenue x 100

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