Financial Docs and Accounts Analysis (3.4,3.5) P1 MCQ & Cal Qs

Calculate the gross profit margin to 2 decimal places. You are advised to show your working.

What is the markup on children's shoes if Backyard Shoez buys them for 2 400 Ks and sells them for 3 200 Ks?

Using Figure 1, calculate the gross profit margin for L.café. You are advised to show your workings.

Formula provided in image

In 2017 one of Lavender's outlets had current assets of 120,000 MYR and current liabilities of 90,000 MYR. Calculate to 2 significant figures the current ratio for 2017.

• 1.3

• 1.33

• 1.34

• 1.35

TADS buys a drum kit for £190 and sells it for £350. Calculate, to two decimal places, the mark up on this drum kit.

Calculate the operating profit margin for Loaf in 2018. You are advised to show your working.

Loaf is a social enterprise with nine members of staff; six of whom are directors. Which one of the following is a non-financial business objective? Select one answer.

• Profit

• Sales

• Market share

• Personal satisfaction

Loaf charges £165 for its day-long 'Seafood Masterclass' course. The cost to Loaf of running this course is £66. What mark up has Loaf applied to this course? Select one answer.

• A 99%

• B 150%

• C 231%

• D 250%

Which one of the following is an external source of finance? Select one answer.

• A Personal savings

• B Retained profit

• C Bank loan

• D Selling assets

NOF buys honey from a local farm for £1.60 a jar and sells it to customers for £3.60. What is the markup on a jar of honey? Select one answer.

• A 1.6%

• B 2%

• C 125%

• D 250%