Fashion Merchandising Financial Results Quiz 2

Fashion Merchandising Financial Results Quiz 2

11th Grade

10 Qs

quiz-placeholder

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Fashion Merchandising Financial Results Quiz 2

Fashion Merchandising Financial Results Quiz 2

Assessment

Quiz

Mathematics

11th Grade

Medium

Created by

Amanda Mcrae-Williams

Used 3+ times

FREE Resource

10 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the formula for calculating profit margin?

(Net Profit / Revenue) * 100

(Net Profit - Revenue) * 100

(Net Profit + Revenue) / 100

(Net Profit / Revenue) * 1000

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

If the cost of goods sold is $5000 and the selling price is $8000, what is the gross profit?

$3000

$2000

$5000

$1000

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the formula for calculating net profit?

Total revenue x Total expenses

Total revenue + Total expenses

Total revenue / Total expenses

Total revenue - Total expenses

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

If the revenue is $10000 and the expenses are $6000, what is the net profit?

$4000

$2000

$1000

$3000

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the formula for calculating return on investment (ROI)?

Net Profit / Initial Investment

Net Profit / Total Assets

Net Profit / Revenue

Net Profit / Total Liabilities

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

If the initial investment is $5000 and the final value is $7000, what is the ROI?

40%

60%

50%

30%

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the profit margin if the selling price is $120 and the cost of goods sold is $80?

33.33%

75%

50%

25%

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