FFM Test2 with Complete Solutions 2025
Return on Equity - ANSWER Net Income / Average Stockholders' Equity (%)
Profit Margin (profitability) - ANSWER Net Income / Total Revenues (%)
Asset Turnover (efficiency) - ANSWER Total revenues / (average) Total Assets
Asset to Equity Ratio (leverage) - ANSWER Total Assets/Total Equity
Current Ratio - ANSWER Current assets / Current liabilities
Debt Ratio - ANSWER Total liabilities / Total assets
RevPar - ANSWER room revenue/ number of rooms available
GOP - ANSWER Revenue - Cost of Goods sold
Formula for Break even point - ANSWER SX - VX - F
Sales mix % - ANSWER department sales / Total sales x 100
CMR - ANSWER (S-V) / S
Cost of edible portion - ANSWER AP price per kg / yield %
