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FORMULA SHEET Grade 12

This document is a formula sheet for Grade 12 Accounting, detailing various financial indicator formulas. It includes calculations for gross profit, net profit, operating expenses, and ratios related to assets, liabilities, and equity. The sheet serves as a quick reference for students to compute key financial metrics.

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Agasthya Institute
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1K views1 page

FORMULA SHEET Grade 12

This document is a formula sheet for Grade 12 Accounting, detailing various financial indicator formulas. It includes calculations for gross profit, net profit, operating expenses, and ratios related to assets, liabilities, and equity. The sheet serves as a quick reference for students to compute key financial metrics.

Uploaded by

Agasthya Institute
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF, TXT or read online on Scribd

GRADE 12 ACCOUNTING FINANCIAL INDICATOR FORMULA SHEET

Gross profit X 100 Gross profit X 100 Net profit before tax X 100
Sales 1 Cost of sales 1 Sales 1

Net profit after tax X 100 Operating expenses X 100 Operating profit X 100
Sales 1 Sales 1 Sales 1

Total assets : Total liabilities Current assets : Current liabilities (Current assets – Inventories) : Current liabilities

Average trading stock X 365


(Trade & other receivables + Cash & cash equivalents) : Current liabilities
Cost of sales 1

Average debtors X 365 Average debtors X 365 Cost of sales


Credit sales 1 Sales 1 Average trading stock

Trading stock X 365 Average creditors X 365 Average creditors X 365


Cost of sales 1 Credit purchases 1 Cost of sales 1

Net income after tax X 100 Net income after tax X 100
Non-current liabilities : Shareholders’ equity
Average shareholders’ equity 1 Number of issued shares 1

Net income before tax + Interest on loans X 100 Shareholders’ equity X 100
Average Shareholders’ equity + Average Non-current liabilities 1 Number of issued shares 1

Dividends for the year X 100 Dividends per share X 100 Total Fixed costs .

Number of issued shares 1 Earnings per share 1 Selling price per unit – Variable costs per unit

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