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Forthemostrecentyear,Abbeyplcexperiencedasignificantriseinitsadministration expensescomparedtopreviousyears.Atrend analysisof keyratioshelpedto reveal this rise. Which ONE of the following key ratios would have been most useful in revealing this rise? Acid-testratio Operatingprofitmargin

Forthemostrecentyear,Abbeyplcexperiencedasignificantriseinitsadministration expensescomparedtopreviousyears.Atrend analysisof keyratioshelpedto reveal this rise. Which ONE of the following key ratios would have been most useful in revealing this rise?

  1. Acid-testratio
  2. Operatingprofitmargin
  3. Salesrevenuetocapitalemployed
  4. Gearingratio

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