Accounting 0452 · IGCSE · Interpretation of accounting ratios

Interpretation of accounting ratios — practice question

Sam and Rob each run a trading business. The income for both businesses comes only from selling goods. They gave the information below for the year ending 30 June 2020. Sam: return on capital employed $12\%$, gross margin $25\%$, profit margin $14\%$, current ratio $2.8:1$. Rob: return on capital employed $10\%$, gross margin $30\%$, profit margin $12\%$, current ratio $1.2:1$. Which statement is right?

  • ARob will find it easy to pay his current liabilities.
  • BRob’s expenses are a higher proportion of his sales.
  • CSam is not employing his capital effectively.
  • DSam’s goods are sold at a higher price.

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