M&s Ratio Quiz

14 Questions

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Ratio Quizzes & Trivia

This quiz will help you with P5, M2 and D2


Questions and Answers
  • 1. 
    Marks and Spencer is a large UK retailer. What does it sell?
    • A. 

      Cars

    • B. 

      Food, furniture and clothes

    • C. 

      Houses

    • D. 

      Televisions, computers and other electronic goods

  • 2. 
    Gross profit is the profit a company makes from selling its products. How does Marks and Spencer make its gross profits?
    • A. 

      From selling computers

    • B. 

      From selling cars

    • C. 

      From selling food, furniture and clothes

  • 3. 
    If Marks and Spencer sell a chicken salad for £4.25. It costs the company £1 to make each salad. What is the gross profit from selling 5 salads?
    • A. 

      £21.25

    • B. 

      £16.25

    • C. 

      £5.00

  • 4. 
    If Marks and Spencer sell a chicken salad for £4.25. It costs the company £1 to make each salad. What is the cost of sales of selling 5 salads?
    • A. 

      £21.25

    • B. 

      £16.25

    • C. 

      £5.00

  • 5. 
    If Marks and Spencer sell a chicken salad for £4.25. It costs the company £1 to make each salad. What is the gross profit % from selling its chicken salads?
    • A. 

      24%

    • B. 

      100%

    • C. 

      76%

  • 6. 
    Net profit is gross profit minus expenses. Marks and Spencer's expenses include
    • A. 

      Food, clothing and furniture

    • B. 

      Wages and salaries, rent and repairs

    • C. 

      Computers and electrical equipment

  • 7. 
    The owners and investors of Marks and Spencer want to see net profit decrease
    • A. 

      True

    • B. 

      False

  • 8. 
    If Marks and Spencer invest more money in their business and net profit falls this is a good result for the company
    • A. 

      True

    • B. 

      False

  • 9. 
    If Marks and Spencer's sales increase by 1.99% but its cost of sales increase by 2.72%, its gross profit % will
    • A. 

      Stay the same

    • B. 

      Increase

    • C. 

      Decrease

  • 10. 
    Marks and Spencer would like to sell its stock as slowly as possible
    • A. 

      True

    • B. 

      False

  • 11. 
    Marks and Spencer would like to sell its customers to pay as quickly as possible
    • A. 

      True

    • B. 

      False

  • 12. 
    In the balance sheet you will see 'current assets' which of the following are examples of current assets
    • A. 

      Stock - food, furniture and clothes

    • B. 

      Creditors - money owed to suppliers of Marks and Spencer

    • C. 

      Money M&S have in the bank

    • D. 

      Bank overdraft

    • E. 

      Debtors - customers who owe Marks and Spencer money

  • 13. 
    In the balance sheet you will see 'current  liabilities' which of the following are examples of current liabilities?
    • A. 

      Stock - food, furniture and clothes

    • B. 

      Creditors - money owed to suppliers of Marks and Spencer

    • C. 

      Money M&S have in the bank

    • D. 

      Bank overdraft

    • E. 

      Debtors - customers who owe Marks and Spencer money

  • 14. 
    A business would like to have more current liabilities than current assets
    • A. 

      True

    • B. 

      False