The ratio that gives the indication of the efficiency of ...
The ratio that gives the indication of the efficiency of a firm's sales with respect to cost of goods sold is a
Return on capital employed
Gross profit margin
Net profit margin
Return on equity
Correct answer is A
Return on capital employed or ROCE is a profitability ratio that measures how efficiently a company can generate profits from its capital employed by comparing net operating profit to capital employed.
The correct expression of accounting equation is ...
The two legally recognized professional accounting bodies in Nigeria are the ...
When a fixed asset is fully depreciated, its net book value is ...
In a control account, provision for bad debts is found on the? ...
One of the major features of bookkeeping is that it? ...
Cash discount received is shown in the i. Cash ii. Discount Received Account iii. Sup...