Solved

The Following Information Is from the Annual Report of Thunderstruck

question 2

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
$The following information is from the annual report of Thunderstruck Ltd: Statement of financial position of Thunderstruck Ltd as at 31 December 201X Income statement extract of Thunderstruck Ltd for the year ended 31 December 201X \begin{array} { l r } \text { Revenue } & 250 \\ \text { Gross profit } & 75 \\ \text { Operating profit } & 45 \\ \text { Profit for the period } & 25 \end{array} From the information provide above,calculate the gross profit ratio A) 40% B) 30% C) 10% D) 20%$
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 gross profit ratio

Definitions:

Extraverted University Freshman

Refers to a first-year college student characterized by an outgoing, socially confident personality.

Dormitory

A residence hall providing sleeping and living quarters for large numbers of people, especially students in a college or university.

Assigned Roommate

A person allocated to share living accommodations with another individual, often in a college dormitory setting, without the pair choosing each other.

Computer Science

The study of computers and computing, including their theoretical and algorithmic foundations, hardware and software, and their uses for processing information.