Tradefair & Financials
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Can anyone provide me with the NZ Accounting Formulas for the following;
net profit margin ratio
return on asset ratio
quick ratio/acid test ratio
Would appreciate if you could provide evidence that they are in fact for New Zealand
Thanks
net profit margin ratio
return on asset ratio
quick ratio/acid test ratio
Would appreciate if you could provide evidence that they are in fact for New Zealand
Thanks
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net profit margin ratio = net profit/turnover * 100
return on asset ratio = differing formulas for this one, are you looking at return on capital employed or asset turnover ratios?
quick ratio = current assets:current liabilities
acid test ratio = current assets-stock:current liabilities
no evidence needed, as these are general accounting/financial ratios used worldwide.
return on asset ratio = differing formulas for this one, are you looking at return on capital employed or asset turnover ratios?
quick ratio = current assets:current liabilities
acid test ratio = current assets-stock:current liabilities
no evidence needed, as these are general accounting/financial ratios used worldwide.
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