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Worksheets

Ratios

Total questions: 10

Worksheet time: 5mins

Name
Class
Date
1.

Gross profit is calculated by...

a)

Revenue - cost of sales

b)

Revenue + cost of sales

c)

Revenue - expenses

d)

Revenue + expenses

2.

Net profit is calculated by...

a)

Revenue / fixed costs

b)

Revenue - cost of sales

c)

Gross profit - expenses

d)

Gross profit + fixed costs

3.

Liquidity measures...

a)

Whether the business has enough cash to pay their bills

b)

Whether the business will make a profit

c)

Whether the business will survive

d)

Whether people should invest in the business

4.

Gross profit margin is calculated by...

a)

Gross profit / Revenue

b)

(Gross profit / Revenue) x 100

c)

(Gross profit + Revenue) x 100

d)

Gross Profit - 100

5.

Net profit margin is calculated by...

a)

(Net profit / Revenue) x 100

b)

Net profit + Revenue

c)

Net profit / Revenue

d)

(Expenses - Revenue) x 100

6.

Current ratio is calculated by...

a)

Current assets + Current liabilities

b)

Current assets / Current liabilities

c)

(Current assets - Stock) / Current liabilities

d)

((Current assets - Stock) / Current liabilities) x 100

7.

The ideal result for the current ratio is...

a)

Exactly 1 : 1

b)

Exactly 1.5 : 1

c)

Between 1 and 5 : 1

d)

Between 1.5 and 2 :1

8.

Liquid capital ratio is calculated by...

a)

(Current assets - stock) / current liabilities

b)

Current assets / current liabilities

c)

(Current assets - cash) / current liabilities

d)

(Current assets - stock) / current liabilities x 100

9.

The ideal result for the liquid capital ratio is...

a)

Between 1.5 and 2 :1

b)

1 : 1

c)

3 : 1

d)

0.5 : 1

10.

To improve their gross profit a business could...

a)

Raise prices

b)

Find a cheaper supplier of materials

c)

Reduce advertising

d)

Pay less overtime to workers