A-LevelAccountingAnalysis and communication of accounting information9706/12 · May/June 2024 · Q211 Mark
Which ratios will identify the highest profit for the year for a business?
Aexpenses to revenue ratio of 18% and non-current asset turnover of four times per annum
Bexpenses to revenue ratio of 18% and non-current asset turnover of six times per annum
Cexpenses to revenue ratio of 20% and non-current asset turnover of four times per annum
Dexpenses to revenue ratio of 20% and non-current asset turnover of six times per annum
✓ Correct answer
B: expenses to revenue ratio of 18% and non-current asset turnover of six times per annum
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