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Acc for Executive - Week 1

Total questions: 9

Worksheet time: 5mins

Name
Class
Date
1.

Which component of the income statement directly reflects the company’s top-line performance?

a)

Net Income

b)

Revenue

c)

Cost of Goods Sold

d)

Retained Earnings

2.

In 2024, Unilever Indonesia’s revenue fell by 9%. Which of the following is the most likely executive concern?

a)

Decline in net margin

b)

Shrinking customer base or weaker demand

c)

Overstated liabilities on the balance sheet

d)

Increase in cash reserves

3.

The formula for Gross Profit Margin is:

a)

(Net Income ÷ Revenue) × 100%

b)

(Revenue − COGS) ÷ Revenue × 100%

c)

(Operating Income ÷ Revenue) × 100%

d)

(Equity ÷ Total Assets) × 100%

4.

If Unilever’s 2024 Revenue = IDR 35.1 T and COGS = IDR 18.4 T, what is the Gross Profit Margin?

a)

45.0%

b)

47.6%

c)

50.5%

d)

52.1%

5.

Why is Operating Margin important for executives?

a)

It shows shareholder return on equity.

b)

It measures how efficiently the company turns sales into operating profit.

c)

It reflects liquidity of assets.

d)

It determines dividend payout ratio.

6.

Net income fell by 29.8% in 2024. Which financial statement component would be directly affected in the balance sheet?

a)

Fixed Assets

b)

Retained Earnings (Equity)

c)

Accounts Receivable

d)

Liabilities

7.

If Unilever continues to pay dividends despite declining profits, which cash flow activity is most affected?

a)

Operating cash flow

b)

Investing cash flow

c)

Financing cash flow

d)

Non-cash adjustments

8.

What is the main risk if inventories increase while revenue falls?

a)

Reduced gross margin

b)

Overstated liabilities

c)

Higher cash inflows

d)

Stronger profitability

9.

As a future CEO, why is it important to understand financial statement components?

a)

To comply with tax reporting only

b)

To identify manipulation by accountants

c)

To make strategic decisions on costs, pricing, and investments

d)

To prepare balance sheet ratios for auditors