Processes of Financial Management (HSC SSCE Business Studies): Quizzes
📚Quizzes
Practise the questions
10 questions from this quiz
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Practise the questions
10 questions from this quiz
Which standards must KHL's financial statements comply with?
Which standards must KHL's financial statements comply with?
GAAP and IFRS
What is the formula for calculating the current ratio?
What is the formula for calculating the current ratio?
Current Assets ÷ Current Liabilities
What was KHL's current ratio in 2020?
What was KHL's current ratio in 2020?
2.27
How did KHL's debt to equity ratio change from 2019 to 2020?
How did KHL's debt to equity ratio change from 2019 to 2020?
Increased from 0.34 to 1.01
What is the formula for gross profit ratio?
What is the formula for gross profit ratio?
(Gross Profit ÷ Sales) × 100
How did KHL's net profit ratio change from 2019 to 2020?
How did KHL's net profit ratio change from 2019 to 2020?
Decreased from 10.69% to 1.1%
How long was KHL's accounts receivable collection period in 2020?
How long was KHL's accounts receivable collection period in 2020?
34 days
What is the audit and risk committee responsible for?
What is the audit and risk committee responsible for?
Financial oversight and compliance
What does financial risk management refer to?
What does financial risk management refer to?
Potential loss if customers fail to pay
What is the formula for return on equity (ROE)?
What is the formula for return on equity (ROE)?
Net Profit ÷ Total Assets