Section B: Financial Accounting Practice

Question 8

 

In this question, candidates were required to calculate the following accounting ratios:

 

(a) Gross Profit percentage;

(b) Net Profit percentage;

(c) Return on Capital employed;

(d) Current ratio;

(e) Acid test ratio;

(f) Rate of stock turnover;

(g) Working capital;

(h) Shareholders fund;

(i) Liquid assets.