Business Profitability Quiz

What does profitability refer to in a business context?

• The actual profit made

• The business' efficiency

• The amount of cash on hand

• The total revenue generated

How is profitability different from profit?

• Profitability is a calculation, profit is a concept

• Profitability is the same as profit

• Profitability is a concept, profit is a calculation

• Profitability is the amount of cash, profit is the revenue

Which of the following statements is true?

• Profitability is the same as profit

• Profit is the same as cash

• Profitability is not the same as profit

• Profitability is just a calculation

What is profit not equivalent to?

• Cash

• Revenue

• Efficiency

• Concept

What is the Gross Profit for the period ending 31.5.18?

• 1,350

• 2,500

• 1,150

• 380

How is the Gross Profit Margin calculated?

• (Gross Profit / Revenue) x 100

• (Operating Profit / Revenue) x 100

• (Profit for the Year / Revenue) x 100

• (Expenses / Revenue) x 100

What is the Operating Profit for the period ending 31.5.18?

• 380

• 1,350

• 330

• 264

What is the formula for calculating the Operating Profit Margin?

• (Operating Profit / Revenue) x 100

• (Gross Profit / Revenue) x 100

• (Profit for the Year / Revenue) x 100

• (Expenses / Revenue) x 100

What is the Profit for the Year for the period ending 31.5.18?

• 264

• 380

• 330

• 1,350

What is the Profit for the Year Margin?

• 10.6%

• 15.2%

• 54%

• 20%