Financial formulas

Froggy Jumps

A quiz for BTEC Business

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business

finance

btec

Âge recommandé: 17 ans

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Créé par

Rosemary Parham

United Kingdom

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Froggy Jumps Financial formulasVersion en ligne A quiz for BTEC Business par Rosemary Parham 1 Which is the right formula for break-even? a Break-even = quantity sold x selling price b Break-even = fixed costs/quantity sold c Break-even = fixed costs/contribution 2 Which of these financial ratios measures profitability? a Inventory turnover b ROCE c Liquid capital ratio 3 How do you calculate sales revenue? a Quantity sold x selling price b Variable costs x quantity sold c Fixed costs + variable costs 4 How do you calculate cost of goods sold? a Fixed costs + variable costs b Gross profit - expenses c (Opening stock +purchases) - closing stock 5 Which is the right formula for gross profit? a Sales revenue - cost of goods sold b Sales revenue - expenses c Cost of goods sold - fixed costs 6 (Opening stock+purchases) - closing stock a Inventory turnover b Total costs c Cost of goods sold 7 Which is the right formula for net profit? a Gross profit - expenses b Sales revenue - expenses c Cost of good sold - expenses 8 Opening balance in a cash flow forecast a Closing balance of the month before b Opening balance + net cash flow c Total inflows - total outflows 9 Which type of formula measures the ability of the business to pay its bills? a Efficiency ratios b Liquidity ratios c Profitability ratios 10 Which of these financial ratios measures how well the business is being managed? a Liquidity b Efficiency c Profitability

Froggy Jumps

Financial formulasVersion en ligne

A quiz for BTEC Business

par Rosemary Parham

Which is the right formula for break-even?

Break-even = quantity sold x selling price

Break-even = fixed costs/quantity sold

Break-even = fixed costs/contribution

Which of these financial ratios measures profitability?

Inventory turnover

ROCE

Liquid capital ratio

How do you calculate sales revenue?

Quantity sold x selling price

Variable costs x quantity sold

Fixed costs + variable costs

How do you calculate cost of goods sold?

Fixed costs + variable costs

Gross profit - expenses

(Opening stock +purchases) - closing stock

Which is the right formula for gross profit?

Sales revenue - cost of goods sold

Sales revenue - expenses

Cost of goods sold - fixed costs

(Opening stock+purchases) - closing stock

Inventory turnover

Total costs

Cost of goods sold

Which is the right formula for net profit?

Gross profit - expenses

Sales revenue - expenses

Cost of good sold - expenses

Opening balance in a cash flow forecast

Closing balance of the month before

Opening balance + net cash flow

Total inflows - total outflows

Which type of formula measures the ability of the business to pay its bills?

Efficiency ratios

Liquidity ratios

Profitability ratios

Which of these financial ratios measures how well the business is being managed?

Liquidity

Efficiency

Profitability

Financial formulas

Froggy Jumps

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Financial formulasVersion en ligne

par Rosemary Parham

Which is the right formula for break-even?

Which of these financial ratios measures profitability?

How do you calculate sales revenue?

How do you calculate cost of goods sold?

Which is the right formula for gross profit?

(Opening stock+purchases) - closing stock

Which is the right formula for net profit?

Opening balance in a cash flow forecast

Which type of formula measures the ability of the business to pay its bills?

Which of these financial ratios measures how well the business is being managed?