Quick questions on Financial statements and ratio analysis - Eduqas A-Level Business

2short Q&A pairs drawn directly from our worked dot-point answer. For full context and worked exam questions, read the parent dot-point page.

What is q1?

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A firm has current assets of

\pounds 120{,}000

and current liabilities of

\pounds 60{,}000

. Calculate the current ratio. [2 marks]

What is q2?

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A firm has operating profit of

\pounds 150{,}000

and capital employed of

\pounds 1{,}000{,}000

. Calculate the ROCE. [2 marks]

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