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Q. To financial analysts, "working capital" means the same thing as __________.

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Q. _______________ ratios measure the ability of a firm to earn an adequate return on sales, total assets and invested capital.

Q. The ________ ratios help determines the degree of financial risk and earnings volatility present in a firm.

Q. Using equation method, Break-even point is calculated as

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Q. A department makes a product whose contribution per unit is £1,000, and which takes 20 hours machine time. A component used in this product with a marginal cost of £300 (taking 5 hours of machine time) could be purchased from an external supplier. The department is working at full capacity. What is the maximum price that the company may pay to buy the component from an external supplier?