Paper 2 structured question: Calculation and understanding of accounting ratios
Paper 2Structured Written Paper4 marks
Data Table
Company Financial Data
| Description | Value |
|---|---|
| Revenue | $500,000 |
| Cost of Goods Sold | $300,000 |
| Net Profit | $50,000 |
| Current Assets | $200,000 |
| Current Liabilities | $100,000 |
| Inventory | $50,000 |
- a[2]
Calculate the Gross Margin ratio.
- b[2]
Calculate the Current Ratio.