Exam-style question
Try this first
Paper 2Structured Written Paper4 marks
A company has the following financial data: Revenue: $500,000, Cost of Goods Sold: $300,000, Net Profit: $50,000, Current Assets: $200,000, Current Liabilities: $100,000, Inventory: $50,000.
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.
Aim for approximately 2 distinct marking points.
- b[2]
Calculate the Current Ratio.
Aim for approximately 2 distinct marking points.
0 of 2 parts answered
Answer every part before opening the mark scheme.
Common mistake
No common mistake is linked to this question yet.