Subsection 6.2. Interpretation of accounting ratios for Accounting, O Level - revisedeck

6.2. Interpretation of accounting ratios

A subsection of Accounting, 7707, through 6. Analysis and interpretation

Listing 10 of 32 questions

A trader wants to improve his gross margin. How can this be done?

7707_w20_qp_12

MCQ

2020

Paper 1, Variant 2

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A trader wants to improve his gross margin. How can this be done?

7707_w20_qp_13

MCQ

2020

Paper 1, Variant 3

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A business provided the following information about its gross margin. Year 1 40% Year 2 38% Year 3 35% What could explain the changes in the gross margin?

7707_w21_qp_13

MCQ

2021

Paper 1, Variant 3

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Naeema provided the following information. $ revenue 28 000 gross profit 11 900 profit for the year 3 500 What was her profit margin?

7707_w22_qp_12

MCQ

2022

Paper 1, Variant 2

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A trader provided the following information. year 1 year 2 gross profit $40 000 $75 000 gross margin 35% 35% profit margin 11% 22% What would explain these changes?

7707_w22_qp_12

MCQ

2022

Paper 1, Variant 2

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A business provided the following information. revenue $20 000 gross margin 25% profit margin 10% There was no other income. How much were expenses?

7707_w23_qp_12

MCQ

2023

Paper 1, Variant 2

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Omar had an increase in his gross profit margin. What could have caused this?

7707_w24_qp_12

MCQ

2024

Paper 1, Variant 2

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Paul’s gross margin increased from 16.5% in year 1 to 17.5% in year 2. What would explain the improvement in the gross margin?

7707_w24_qp_13

MCQ

2024

Paper 1, Variant 3

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John’s rate of inventory turnover was 10 times in year 1 and 8 times in year 2. What may have caused the change in the rate of inventory turnover?

7707_s22_qp_12

MCQ

2022

Paper 1, Variant 2

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A company provided the following information about its rate of inventory turnover. year 1 24 times year 2 25 times year 3 27 times What would explain the changes in the ratio?

7707_w20_qp_13

MCQ

2020

Paper 1, Variant 3

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Questions Discovered

32