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000s Sales 5,600 Cost of sales 2,100 Profit before interest and tax 1,910 Fixed assets 1,500 Depreciation 300 Stock 800 Debtors 900 Cash at bank

000s

Sales

5,600

Cost of sales

2,100

Profit before interest and tax

1,910

Fixed assets

1,500

Depreciation

300

Stock

800

Debtors

900

Cash at bank

100

Creditors

750

Long-term loans

2,000

1.What is the gross profit margin to one decimal place?

  1. 34.1%
  2. 44.6%
  3. 52.1%
  4. 61.6%
  5. none of the above.

2.What is the quick ratio to one decimal place?

  1. 0.5:1
  2. 0.9:1
  3. 1.3:1
  4. 1.9:1
  5. 2.4:1

3.What is the debtor collection period in days, assuming a 365-day year to 2 decimal places?

  1. 48.21 days
  2. 58.66 days
  3. 61.25 days
  4. 87.1 days
  5. 105.97 days

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