Practice Examination Paper $-$ Answer Booklet

ANSWER BOOKLET

Section A $-$ There is one question in this section of the paper. You MUST answer this question

For Use in Answering Question One

Ultrastar PLC and Vecglo PLC

Task A $-$ Table of Ratios

Uitrastar PLC and Vecglo PLC

Table of Financial Ratios $-$ Year Ended $31$ December $201Y$

Ratio

$\backslash$table$[[$Ratio$,$Ultrastar PLC$,$Vecglo PLC$],[$Return on capital employed,,$],[$Net profit margin,,$],[$Asset turnover,,$],[$Gross profit margin,,$],[$Current ratio,,$],[$Acid test $($quick asset$)$ ratio,,$],[$Trade receivables ratio,,$]]$

Task A Workings Area $($To Show Formulae Used and Workings$)$

Return on Capital Employed

$\frac{E1T}{T*A-TL}$

Profit Margin

$\frac{\text{R}\text{e}\text{v}-\text{c}\text{o}\text{g}5}{\text{R}\text{e}\text{v}}$

$=\frac{600-400}{600},\frac{720-465}{720}$

$=0\mathrm{.}33100,30\mathrm{.}35100$

$=33\mathrm{.}33\%,=35\mathrm{.}4\%$