Managerial Finance Quiz

Please fill in a value for the following field(s):
Income Statement of SuperStores for the year ended 31 July 2008
Sales 15 000
Cost of Sales (12 000)
Opening Stock 3000
Purchases .........?
Closing stock 3500
Gross Profit 3000
Expenses (2 000)
Profit before tax 1 000
Tax (30%) (300)
Profit after tax 700
Dividends (350)
Retained Profit (350)

Balance Sheet of SuperStores for the year ended 31 July 2008
Fixed Assets ...........?
Share Capital 7 200 Land and Buildings 8 300
Retained Profit 2 700 Equipment ..........?
Long-Term loans 5 000
Current Liabilities Current Assets
Short-Term Loans 2 000 Stock 3 500
Creditors 3 100 Debtors 3 700
Cash 800
Total 20 000 Total 20 000
Cost of Sales equals




SuperStore's Gross Margin




Purchases =




Net Margin =




Current Assets =




Asset turnover =




Return on Assets =




Dividends (as a percentage of after tax profit) =




Owners' Equity =




Fixed Assets =




Working Capital




Current Ratio =




Debtors collection period (assume all sales are credit sales)




Creditors payment period =




Cash cycle =




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