
Finance - Key Terms 4

Quiz
•
Business
•
11th Grade
•
Medium

Leroy Salih
Used 9+ times
FREE Resource
10 questions
Show all answers
1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What does non-current liabilities mean?
Short-term debts owed by the business
Current assets - current liabilities
Long-term debts owed by the business
Total assets - total liabilities
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What does net current assets (working capital) mean?
Gross profit/sales revenue x 100
Current assets - current liabilities
Total assets - total liabilities
Operating profit expressed as a percentage of turnover
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What does net assets mean?
Value of all favorable attributes that relate to a company
Current assets - current liabilities
Long-term debts owed by the business
Total assets - total liabilities
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What does goodwill mean?
Value of all favorable attributes that relate to a company
Operating profit expressed as a percentage of turnover
Current assets - current liabilities
Total assets - total liabilities
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What does ratio analysis mean?
Mathematical approach to investigating accounts by comparing two related figures
Value of all favorable attributes that relate to a company
Total assets - total liabilities
Current assets - current liabilities
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What does gross profit margin mean?
Operating profit expressed as a percentage of turnover
Gross profit/sales revenue x 100
Total assets - total liabilities
Current assets - current liabilities
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What does operating business margin mean?
Gross profit/sales revenue x 100
Operating profit expressed as a percentage of turnover
Current assets - current liabilities
Total assets - total liabilities
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