Financial Accounting and Reporting Exam Questions and Answers 100% Solved
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Course
Financial
Institution
Financial
Financial Accounting and Reporting
Exam Questions and Answers 100%
Solved
purpose of financial statements - Provide information on financial
position and performance of an entity over a reporting period
ratio analysis - A deeper analysis compared to eyeballing the
statements
Ratio - Measures...
purpose of financial statements - ✔✔Provide information on financial
position and performance of an entity over a reporting period
ratio analysis - ✔✔A deeper analysis compared to eyeballing the
statements
Ratio - ✔✔Measures the relationship which exists between two or more
figures shown in financial statements
Return on capital employed (ROCE) - ✔✔profit before interest and tax /
capital employed
Asset Turnover - ✔✔Revenue / total assets - current liabilities
Net profit margin - ✔✔Profit before interest and tax/ revenue
Gross Profit Margin - ✔✔Gross Profit/Revenue
Gearing Ratio - ✔✔Debt / Equity
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