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Mathematics for Financial analysis Quiz - B.Com S

Total questions: 15

Worksheet time: 7mins

Name
Class
Date
1.

Break-even point is the point at which total revenue is equal to

a)

Profit

b)

Fixed cost

c)

Variable cost

d)

Total cost

2.

Break even sales

 =Fixed cos⁡t÷=Fixed\ \cos t\div  

a)

Variable cost

b)

P/ V ratio

c)

Contribution per unit

d)

Selling price

3.

Current Ratio = ? / Current Liabilities

a)

Current Assets

b)

Quick assets

c)

Fixed assets

d)

None of these

4.
The income statement can be expressed as an equation:
a)
Income =Income-Expenses
b)
Revenue-Expenses = Net Income (Loss)
c)
Revenue + Expenses = Income/Loss
d)
Expenses = Net Income + Revenue
5.

The current ratio is also known as the:

a)

Quick ratio

b)

Working capital ratio

c)

Cash flow ratio

d)

Capital structure ratio

6.
What is owner equity?
a)
The value of the business after liabilities are subtracted from assets; the value of the owner's investment in the business.
b)
What a company owes.
c)
Documents that are used to record and analyze the financial performance of a business.
d)
All income a company receives overtime.
7.
Financial ratios that tell how well a company can pay off its short-term debts and meet unexpected needs for cash.
a)
liquidity ratios
b)
efficiency ratios
c)
leverage ratios
d)
profitability ratios
8.
The difference between current assets and current liabilities at a point in time. The amount of money that would be left over if all the current liabilities were paid off by current assets. 
a)
current ratio
b)
working capital
c)
acid test/ quick ratio
d)
asset turnover ratio
9.

What is the formula for Gross Profit Margin

a)

Profit / Net sales revenue X 100

b)

Gross profit / Net sales revenue X 100

c)

Gross profit / Sales revenue X 100

d)

Profit / Cost of sales X 100

10.

Identify the ratio shows the relationship between fixed assets and shareholders fund .

a)

Debt to shareholders fund

b)

Fixed Asset ratio

c)

Fixed Asset to Net worth

d)

Solvency Ratio

11.

Which ratio indicates the relationship between total outside liabilities to total assets

a)

Proprietary Ratio

b)

Debt- Equity ratio

c)

Fixed Asset Ratio

d)

Solvency Ratio

12.

Identify the ratio which is an indicative of the proportion that the cost of sale bears to sales.

a)

Operating ratio

b)

Turn Over Ratio

c)

Operating Profit Ratio

d)

Net Profit Ratio

13.

Which ratio established a relationship between accounts receivable and net credit sales of the period

a)

Working capital Turnover ratio

b)

Debtors Turnover ratio

c)

Inventory Turnover ratio

d)

Creditors Turnover ratio

14.

Identify the ratio which shows the relationship between cost of goods sold and capital employed

a)

Creditors Turnover ratio

b)

Dividend Yield ratio

c)

Dividend Pay Out ratio

d)

capital Turnover ratio

15.

Identify the type of annuity in which Periodic payments are made at the end of each period

a)

Simple annuity

b)

Deferred annuity

c)

Ordinary annuity

d)

Compound annuity