Marks And Spencer Financial Ratios! Trivia Quiz

14 Questions | Total Attempts: 12

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Marks And Spencer Financial Ratios! Trivia Quiz

How well do you know the marks and spencer financial ratios? The main purpose of business is to increase profits, and this is assessed through the use of different ratios. In this quiz, you will get to test out what you know about applying the rations. Do give it a shot and see how well you will do!


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 their stock as slowly as possible.
    • A. 

      True

    • B. 

      False

  • 11. 
    Marks and Spencer would like to sell their 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