Mastering Accounting Skills 3rd Edition Margaret Nicholson - Solutions

on page 281, enter correct figures and formulae, and calculate the following accounting ratios:(i) | Gross profit ratio.(ii) | Rate of stock turnover.(iii) Net profit ratio.(iv) Expense ratio — salaries(v) Return on capital employed ratio.(vi) Current ratio.(vii) Acid test ratio.(viii) Debtors’
Use the figures in the trading, profit and loss account and balance sheet you prepared for Kate Devlin in Assignment
on page 283, enter correct figures and formulae, and calculate the following accounting ratios:(i) | Gross profit ratio.(ii) Rate of stock turnover.(iii) Net profit ratio.(iv) Expense ratio — rent and rates(v) Return on capital ee ratio.(vi) Current ratio.(vii) Acid test ratio.(viii) Debtors’
Use the figures in the trading, profit and loss account and balance sheet you prepared for Helen Robinson in Assignment
on page 285, enter correct figures and formulae, and calculate the following accounting ratios:(i) | Gross profit ratio.(ii) Rate of stock turnover.(iii) Net profit ratio.(iv) Return on capital employed ratio.(v) Current ratio.(vi) Acid test ratio.(vii) Debtors’ collection period, in days.(viii)

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