TANGOS NATIONAL HIGH SCHOOL

(Senior High School)

1st Periodical Examination
Name: ________________________________________________________

Year and Section:________________________________________________

BUSINESS FINANCE

__________1. It measures the amount of net income earned in relation to stockholders equity.

a.) ROE b.) ROA c. GPM d.) OPM

__________2. Measures the ability of a company to generate income out of its resources.

a.) ROE b.) ROA c.) GPM d.)OPM

__________3. Measures the ability of a company to cover its cost of goods sold from its sales.

a.) ROE b.) ROA c.) GPM d.)OPM

_________4. Measures the amount of income generated from the core of business of a company

a.) ROE b.)ROA c.) GPM d.)OPM

_________5. Measures how much net profit a company generates for every peso of sales or revenues

That it generates.

a.) NPM b.) GPM c.) OPM d.) ROA

_________6. Measures the ability of a company to pay maturing obligations from its current assets.

a.) Liquidity ratio b.) Leverage ratio c.) Profitability ratio d.) Efficiency ratio

_________7. Ratios used to measure the profitability of the company.

a.) Liquidity ratio b.) Leverage ratio c.) Profitability ratio d.) Efficiency ratio

_________8. Also known as turnover ratio because they measure the management efficiency in

Utilizing the assets of the company.

a.) Liquidity ratio b.) Leverage ratio c.) Profitability ratio d.) Efficiency ratio

_________9. Formulating marketing strategies and plans.

a.) VP for Sales and Marketing b.) VP for Finance

c.) VP for Production d.) VP for Administration

_________10. Ensuring production meets customers demands.

a.) VP for Sales and Marketing b.) VP for Finance

c.) VP for Production d.) VP for Administration

 Below are the summarized financial information of Jollibee Foods Corporation for
2013 and 2012
2013 2012
Revenues 80 282 769 199 71 059 039 154
Cost of sales 65 284 763 064 58 435 498 743
Gross profit 14 998 006 135 12 623 540 411
Expenses 9 006 909 740 8 278 522 626
Operating income 5 931 096 395 4 345 017 785
Interest expense 152 920 028 206 012 700
Income before taxes 6 245 514 598 4 861 699 703
Income tax expense 1 522 708 527 1 149 704 051
Net income 4 722 806 527 3 711 995 652
Gross accounts receivable-trades 3 128 358 963 2 714 763 623
Trade inventories 3 509 791 192 2 616 182 585
Current assets 18 384 176 985 15 623 201 915
Property, Plant and equipment 11 772 440 510 11 059 464 042
Total noncurrent assets 27 642 457 128 26 144 928 795
Total assets 46 026 634 133 41 768 130 710
Trade accounts payable 6 006 639 836 4 717 064 438
Current liabilities 15 618 612 677 16 621 233 643
Noncurrent liabilities 7 047 081 359 3 415 595 039
Total liabilities 22 665 694 036 20 036 827 682
Total equity 23 360 940 077 21 731 303 028
Operating Cash Flows 9 219 500 197 8 237 963 925
 Compute the following financial ratios for 2013 and 2012
a. Return on equity (ROE)
b. Return on assets (ROA)
c. Gross profit margin
d. Operating profit margin
e. Net profit margin
f. Current ratio
g. Quick asset ratio
j. Times interest earned
k. Total asset turnover ratio
l. Accounts receivable turnover ratio
m. Inventory turnover ratio
n. Accounts payable turnover ratio