Question

Please use the financials from the first question to calculate the Quick ratio. Total Revenue: 100 000 Cost of Revenue : 40 000 Gross Profit: 60 000 Cost of finance: 10 000 Operating profit: 35 000 Net Income Before Tax: 30 000 Tax: 10 000 Net profit: 20 000 Total Current Assets: 200 000 Inventory: 80 000 Accounts Receivable: 50 000 Total Non-Current Assets: 300 000 Total Current Liabilities: 100 000 Accounts Payable: 80 000 Total Non-Current Liabilities: 300 000 Total Shareholder Equity: 100 000 Cash receipts (from Cash from Operating Activities): 20 000 In the question 1, please calculate the Return on Capital Employed (ROCE), in %.

Answer 1

Explanation:

Q.11 A shopkeeper has imported set of bowls at rs 399. He gives two sets of bowls for the price of one

set and still makes a profit of 14%. What did

the shopkeeper pay for one set of bowls?