Accounting - Interpretation Formulae

 $Mark\ Up\ \%\ =\ \frac{ }{Cost\ of\ Goods\ Sold}\ \times100$  

Distribution cost % =  $\frac{Distribution\ \exp enses}{ }\times100$   

Profit for the year % =  $\frac{\Pr ofit\ for\ the\ year\ }{ }\times100$  

Current ratio =  $\frac{ }{current\ liabilities}\times100$  

___________________ =  $\frac{owner's\ equity}{total\ assets}$  

The administration expense for a business is 32%. Give a quick interpretation for this business

The liquid ratio for a business is 0.57:1. Give a quick interpretation of what this means for the business.

___________________ =  $\frac{gross\ profit}{sales}\times100$  

Percentage change =  $\frac{Year\ 2\ -\ \ \ \ \ \ \ \ \ \ \ \ \ \ }{\ \ \ \ \ }\ \times100$  

Administration Expense % =  $\frac{\ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ }{sales}\times100$