Accounting 9706 · AS & A Level · Analysis and communication of accounting information

Analysis and communication of accounting information — practice question

The data below relate to the year ending 31 December 2018. Revenue $800000; cost of sales $175000; gross profit $625000; distribution costs $95000; administrative expenses $35000; profit from operations $495000; finance costs $5000; profit for the year $490000. What was the ratio of operating expenses to revenue?

  • A16.25%
  • B16.88%
  • C21.88%
  • D38.13%

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