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Profitability Ratios

Total questions: 23

Worksheet time: 11mins

Name
Class
Date
1.

Profitability ratios are important to who?

a)

Customer

b)

Owner

c)

Board members

2.

A company has a high net profit ratio, what alterations can be made to improve the ratio?

a)

Increase sales revenue

b)

Increase expenses

c)

Increase stock

3.

What ratio shows if a company has weak control over the expenses in proportion to sales?

a)

Return on equity ratio

b)

Ratio of expense to sales

c)

Net profit ratio

4.

Which ratio shows if the company can cover all of its selling, administrative and financial costs?

a)

Gross Profit Ratio

b)

Net Profit Ratio

c)

Owner's Equity Ratio

5.

What ratio indicates how effective the return on the enterprise's investment in its asset?

a)

Return on total assets ratio

b)

Return on equity ratio

c)

Ratios of expenses to sales

6.

To calculate the return on equity, net profit is divided by what?

a)

Average total assets

b)

Net sales

c)

Average owner's equity

7.

A company has a high return on equity, what does this indicate?

a)

Staff need to do a better job

b)

Management are working efficiently

c)

Owner should invest elsewhere

8.

A company has a low return on total asset, what does this indicate?

a)

Poor performance of assets

b)

Poor performance of staff

c)

Poor performance by management

9.

Identify the correct forumla for the net profit ratio.

a)

Profit/Revenue x 100

b)

Revenue/Profit x 100

c)

Profit/Capital x 100

d)

Revenue/Owner's Equity x 100

10.

Calculate the net profit ratio if profit = $40,000 and revenue = $100,000

a)

15%

b)

30%

c)

40%

d)

$40

11.

Calculate the net profit ratio if revenue = $200,000 and expenses = $150,000

a)

20%

b)

25%

c)

50%

d)

75%

12.

Identify the correct meaning of a net profit ratio of 15%: "This means for every $1...

a)

...of profit, revenue generated is $0.15"

b)

...of revenue, profit generated is $15"

c)

...of equity, the return for the owner is $0.15"

d)

...of revenue, profit generated is $0.15"

13.

When calculating the return on owner's equity, an average of the capital must be calculated. Calculate the average capital given the following information: Capital @ 1 July 2019 = $50,000 and Capital @ 30 June 2020 = $90,000

a)

$50,000

b)

$60,000

c)

$70,000

d)

$140,000

14.

Identify the correct working for calculating the average owner's equity using the information shown.

a)

($25000 + $32500)/2

b)

$32,500/2

c)

($25,000 + $10,000)/2

d)

($25,000+$35,000+$32,500)/3

15.

Calculate the return on owner's equity if profit = $50,000 and the average owner's equity = $200,000

a)

20%

b)

25%

c)

50%

d)

150%

16.

Identify the correct return on owner's equity ratio, if the meaning was: "For every $1 of owner's equity, $0.34 is the return for the owner."

a)

0.34%

b)

3.4%

c)

34%

d)

340%

17.

Calculate the net profit ratio given the information shown.

a)

39%

b)

61%

c)

65%

d)

88%

18.

Approximate the return on owner's equity given the information shown.

a)

10%

b)

30%

c)

60%

d)

90%

19.

Revenue = £100,000

Cost of sales = £50,000

Other expenses = £25,000

What is the gross profit?

a)

£25,000

b)

£50,000

c)

£100,000

d)

£75,000

20.

Revenue = £100,000

Cost of sales = £50,000

Other expenses = £40,000

What is the gross profit margin?

a)

35%

b)

50%

c)

10%

d)

85%

21.

Net profit = £100,000

Cost of sales = £50,000

Total sales revenue = £300,000

What is the operating profit margin?

a)

20%

b)

33.3%

c)

66.6%

d)

16.7%

22.

What does the operating profit margin tell us?

a)

How many staff are employed

b)

What type of ownership the business has

c)

How efficiently a business is run

d)

The cash inflows and outflows

23.

Calculate the net profit ratio if profit = $40,000 and revenue = $100,000

a)

15%

b)

30%

c)

40%

d)

$40