PGA level 1 formulas Questions With All Correct
Answers
Linear Trend Analysis formula correct answer -Later year sales minus
previous year sales divided by previous year sales.
Base year analysis formula correct answer -Year'a sales you want to
compare divided by base year sales times 100 equals percentage of change.
Profit formula correct answer -Profit equals revenue minus cost of goods
sold and expenses.
Gross margin percentage correct answer -Gross margin percentage equals
revenue minus cost of goods sold divided by revenue.
Cost Of goods sold percentage correct answer -Cost of goods sold
percentage equals cost of goods divided by total retail sales.
Net total value of depreciable assets. correct answer -Net Total Value
equals original cost minus accumulated depreciation.
Rounds yield formula correct answer -Number of rounds played in a
period divided by potential rounds in a period times 100 equal percent yield
for the period.
Gross margin correct answer -Total sales minus cost of goods sold equals
gross margin.
Net operating income correct answer -Revenue minus cost of goods sold
plus operating expenses equals net operating income.
Linear trend average percentage change correct answer -Sum of all linear
trend calculations divided by number of calculations equals average
percentage change.
Calculating revenues per round correct answer -Revenue for specific
operation divided by total number of rounds equals revenue per round.
Answers
Linear Trend Analysis formula correct answer -Later year sales minus
previous year sales divided by previous year sales.
Base year analysis formula correct answer -Year'a sales you want to
compare divided by base year sales times 100 equals percentage of change.
Profit formula correct answer -Profit equals revenue minus cost of goods
sold and expenses.
Gross margin percentage correct answer -Gross margin percentage equals
revenue minus cost of goods sold divided by revenue.
Cost Of goods sold percentage correct answer -Cost of goods sold
percentage equals cost of goods divided by total retail sales.
Net total value of depreciable assets. correct answer -Net Total Value
equals original cost minus accumulated depreciation.
Rounds yield formula correct answer -Number of rounds played in a
period divided by potential rounds in a period times 100 equal percent yield
for the period.
Gross margin correct answer -Total sales minus cost of goods sold equals
gross margin.
Net operating income correct answer -Revenue minus cost of goods sold
plus operating expenses equals net operating income.
Linear trend average percentage change correct answer -Sum of all linear
trend calculations divided by number of calculations equals average
percentage change.
Calculating revenues per round correct answer -Revenue for specific
operation divided by total number of rounds equals revenue per round.
