This resource explains ratios used in a ratio analysis exercise of a set of accounts and shows the formulas as well as including a section on limitations of ratio analysis. Ratios covered include: - Gross profit margin - Net profit margin - Return on capital employed - Current ratio - Acid test (quick) ratio - Debtors collection period - Suppliers payment period - Asset turnover - Inventory turnover - Gearing - EPS

This resource explains the method, with supporting examples, to convert: - percentages into fractions - fractions to percentages - percentages to decimals - decimals to percentages

This resource explains how to: - Work out a new amount after a percentage increase - Work out the percentage increase when given the old and new amount - Work out the new amount after a percentage decrease - Work out the percentage decrease when given the old and new amount

This handout is one I use at the beginning of every business and accounts course as it explains clearly the link between needs and want giving rise to financial transactions, right through to documents, bookkeeping and a set of accounts.

A simple technique which will help ensure there is no more confusion over debits and credits - try it and see!