Year 9 - BST - 8.4.14

Thai Sikh International School

E-Learning Programme – Online Assignment –08/04 /2014

Name :                                                                                                Subject :  Business Studies

Year   :           9 A/B                                                                          No. 10

            The accounting  results  of   ABC Ltd., are given below  for  financial  year 2012 and 2013.

	2012 ($)	2013 ($)
Gross Profit	15000	16000
Expenses	6000	9000
Sales Turnover	70000	80000
Capital employed	100000	120000

            As Chief Accountant of the Company, you are directed to calculate the following

            Profitability ratios for  both  financial  year.

          

                                                                                                                2012                                 2013

(a)    Return On Capital Employed (ROCE)

(b)   Gross Profit Ratio

(c)    Net Profit Ratio

(d)   State in which year, the Company performed  better based on the above ratios.