The Following Information Is from the Annual Report of Thunderstruck

question 17

Multiple Choice

The following information is from the annual report of Thunderstruck Ltd:
Statement of financial position of Thunderstruck Ltd as at 31 December 201X

Income statement extract of Thunderstruck Ltd for the year ended 31 December 201X
$$\begin{array} { l r } \text { Revenue } & 250 \\\text { Gross profit } & 75 \\\text { Operating profit } & 45 \\\text { Profit for the period } & 25\end{array}$$
From the information provide above,calculate the current ratio

• A) 1.48:1
• B) 2.44:1
• C) 2:1
• D) 1.77:1

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Definitions:

Direct Format

A communication method where information is presented clearly and straightforwardly without digression.

Sincere Apology

A genuine expression of remorse and regret towards someone for an error or mistake made, often aimed at mending a relationship.

Indirect Approach

A communication strategy where the main point or request is presented after providing background information or rationale.

Disappointed Audience

A group of people who feel let down or dissatisfied with a performance, presentation, or outcome.