WorksheetsAQA - Financial Ratios
Total questions: 10
Worksheet time: 5mins
Which is the odd one out?
Payable Days
Current Ratio
Receivable Days
Inventory Turnover
What is the Formula for Gearing?
Long Term Liabilities/Profit for the Year x 100
Selling Price x Quantity Sold
Non-Current Liabilities/Total Equity + Non-Current Liabilities x 100
Non-Current Liabilities/Capital Employed x 100
What Family of Ratios includes Inventory Turnover?
Liquidity
Gearing
Efficiency
Profitability
What is Liquidity a Measure of?
Profit
Variable Costs
Ability to Pay Long Term Debts
Working Capital
What is the Relationship between Payable Days and Receivable Days?
Businesses want longest possible payable days figure and longest possible receivable days
Businesses wan shortest possible payable days figure and longest possible receivable days
Businesses want longest possible payable days figures and shortest possible receivable days
Businesses want shortest possible payable days figure and shortest possible receivable days
What is the ideal Level for Current Ratio?
2.5:1
1:1
0.5 - 1:1
1.5 - 2:1
Which is the correct Formula for the Current Ratio
Sales Revenue/Current Assets
Current Assets/Sales Revenue x 100
Current Assets/Current Liabilities x 100
Current Assets/Current Liabilities
What is the correct Formula for Payable Days
Payables/Cost of Sales x 365
Payables/Sales Revenue x 365
Payables/Sales Revenue x 100
Payables/Cost of Sales x 100
At what level is a Business considered Highly Geared?
20%
30%
40%
50%
The gross profit ratio is calculated by dividing:
Profit by sales
Profit by shareholders’ equity
Gross profit by sales
Sales by cost of sales
