•FORMULAE + Liabilities

Capital
1. Assets

CurrentAssets
-Current Llabilities
2. Net Current Assets (Working Capital)

Current Assets
3. Current (Working Capital) Ratio
CurrentLiabilities

Profit before Interest x 100

4. Return on Capital Employed
(ROCE) Capital Employed

Net Profit Percentage Net Profit X 100

Sales (Revenue)

t6. Gross Profit Percentage Gross Profit X 100

Sales (Revenue)

Cost of Sales (Cost ofGoods Sold)

*7. Stock/InventoryTurnover
Average Inventory

Acid Test Ratio Current Assets -Inventory

Current Liabilities

9 Current (working capital) Ratio Current Assets

Current Liabilities

10. Trade Receivables to Sales Accounts Receivables x 365

Credit Sales forthe year

11. Trade Payables to Purchases Trade Payables x365

CreditPurchases forthe year

k 12, Average Inventory Opening Inventory + Closing Inventory

2

* 13. Rate of In ventory Turnover (Inventory Turnover) =

Cost of Goods Sold (Cost of Sales)

Average Inventory

14. Straight line method of calculating depreciation =

Cost - DisposalValue
Number af years

CSECO CXC 10/G/SYLL 17 37