A-LevelAccountingAnalysis and communication of accounting information9706/12 · May/June 2018 · Q181 Mark

The following is an extract from an income statement. $ revenue 180000 costs of goods sold (75000) distribution costs (8000) administrative expenses (22000) profit from operations 75000 debenture interest (2500) profit for the year 72500 What was the operating expenses to revenue ratio?

A16.7%

B18.1%

C58.3%

D59.7%

✓ Correct answer

A: 16.7%

Practise more questions on this topic

Oracle Prep sorts past-paper questions by topic, so you can drill Analysis and communication of accounting information and see which topics are most likely to come up next.

About this question

Topic: Analysis and communication of accounting information, A-Level Accounting (syllabus 9706). Multiple choice, 1 mark.
Source: A-Level Accounting, May/June 2018 Paper 1 Variant 2, question 18.

Questions and mark schemes are from past examination papers and remain the copyright of the exam board. How Oracle Prep builds its content

The following is an extract from an income statement. $ revenue 180000 costs of goods sold (75000) distribution costs (8000) administrative expenses (22000) profit from operations 75000 debenture interest (2500) profit for the year 72500 What was the operating expenses to revenue ratio?

✓ Correct answer

Practise more questions on this topic

About this question

Related Accounting questions