salt_on_chips
New Member
okay so the question is:
current assets $120 000
non current assets $600 000
current liabilities $110 000
non current liabilities $550 000
capital $50 000
Sales $100 000
What is the net profit ratio?
a) 10%
b)60%
c) $10 000
d) $60 000
its obviously not c and d
i think its a) but i'm not sure how to do the caluculations so if someone could help me that would be great.
thanks
current assets $120 000
non current assets $600 000
current liabilities $110 000
non current liabilities $550 000
capital $50 000
Sales $100 000
What is the net profit ratio?
a) 10%
b)60%
c) $10 000
d) $60 000
its obviously not c and d
i think its a) but i'm not sure how to do the caluculations so if someone could help me that would be great.
thanks