A-LevelAccountingAnalysis and communication of accounting information9706/12 · Oct/Nov 2024 · Q201 Mark

Which ratio measures the efficiency of a business?

Aacid test

Bmark-up

Cnon-current asset turnover

Dreturn on capital employed

✓ Correct answer

C: non-current asset turnover

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Topic: Analysis and communication of accounting information, A-Level Accounting (syllabus 9706). Multiple choice, 1 mark.
Source: A-Level Accounting, Oct/Nov 2024 Paper 1 Variant 2, question 20.

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