- 19 What is the company’s return on shareholders’ equity?Is the following statement true or false?15/40 = 37·5%
20/100 = 20%
15/100 = 15%#
20/150 = 13·3%
True#
FalseCWhere there is a significant change
- 25 What should the minority interest figure be in the group’s consolidated balance sheet at 31 December 2005?The following statements have been made about life cycle costing:Mr Li, a photographer, had
- 18 How should interest charged on partners’ drawings appear in partnership financial statements?Hindberg is a car retailer. On 1 April 2014, Hindberg sold a car to Latterly on the following terms:24 W
- 19 What is the company’s return on shareholders’ equity?C Co uses material B, which has a current market price of $0·80 per kg. In a linear program, where the objective is to maximise profit, the shad
- 19 What is the company’s return on shareholders’ equity?Hindberg is a car retailer. On 1 April 2014, Hindberg sold a car to Latterly on the following terms:Is the following statement true or false?19
- 13 Which of the following correctly describes the imprest system for operating petty cash?C Co uses material B, which has a current market price of $0·80 per kg. In a linear program, where the objecti
- 15 Which of the following statements about intangible assets are correct?13 Which of the following correctly describes the imprest system for operating petty cash?Is the following statement true or fa
- 18 Which of the following statements about accounting ratios and their interpretation are correct?15 Which of the following statements about intangible assets are correct?1 A low-geared company is mor
- 14 Alpha buys goods from Beta. At 30 June 2005 Beta’s account in Alpha’s records showed $5,700 owing to Beta.18 How should interest charged on partners’ drawings appear in partnership financial statem
- C Co uses material B, which has a current market price of $0·80 per kg. In a linear program, where the objective is to maximise profit, the shadow price of material B is $2 per kg. The following state
- 18 Which of the following statements about accounting ratios and their interpretation are correct?24 What figure should appear in the consolidated balance sheet of the J group as at 31 December 2004 f
- C Co uses material B, which has a current market price of $0·80 per kg. In a linear program, where the objective is to maximise profit, the shadow price of material B is $2 per kg. The following state
- Mr Li, a photographer, had his photos published in the July 2014 edition of the tourism journal. The total fee was RMB20,000 and the publisher agreed to pay Mr Li by two instalments, one of RMB18,000
- 18 How should interest charged on partners’ drawings appear in partnership financial statements?17 A business income statement for the year ended 31 December 2004 showed a net profit of $83,600. It wa
- 14 Alpha buys goods from Beta. At 30 June 2005 Beta’s account in Alpha’s records showed $5,700 owing to Beta.A corporate taxpayer has under-reported its taxable revenue in 2002 and hence underpaid val
- The following information is available for a manufacturing company which produces multiple products:Is the following statement true or false?(i) The product mix ratio
(ii) Contribution to sales ratio
- Hindberg is a car retailer. On 1 April 2014, Hindberg sold a car to Latterly on the following terms:The following statements have been made about life cycle costing:A corporate taxpayer has under-repo
- 19 What is the company’s return on shareholders’ equity?8 P and Q are in partnership, sharing profits in the ratio 2:1. On 1 July 2004 they admitted P’s son R as a partner. PC Co uses material B, whic
- A corporate taxpayer has under-reported its taxable revenue in 2002 and hence underpaid value added tax (VAT) and enterprise income tax (EIT). In 2014, the taxpayer was charged by the tax authority wi
- C Co uses material B, which has a current market price of $0·80 per kg. In a linear program, where the objective is to maximise profit, the shadow price of material B is $2 per kg. The following state
- Mr Li, a photographer, had his photos published in the July 2014 edition of the tourism journal. The total fee was RMB20,000 and the publisher agreed to pay Mr Li by two instalments, one of RMB18,000
- 17 A business income statement for the year ended 31 December 2004 showed a net profit of $83,600. It was laterWhich of the following statements relating to internal and external auditors is correct?F
- 17 A business income statement for the year ended 31 December 2004 showed a net profit of $83,600. It was later10 What would the company’s profit become after the correction of the above errors?19 At
- 18 How should interest charged on partners’ drawings appear in partnership financial statements?The following statements have been made about life cycle costing:15 Which of the following statements ab
- C Co uses material B, which has a current market price of $0·80 per kg. In a linear program, where the objective is to maximise profit, the shadow price of material B is $2 per kg. The following state
- 14 Alpha buys goods from Beta. At 30 June 2005 Beta’s account in Alpha’s records showed $5,700 owing to Beta.25 What should the minority interest figure be in the group’s consolidated balance sheet at
- C Co uses material B, which has a current market price of $0·80 per kg. In a linear program, where the objective is to maximise profit, the shadow price of material B is $2 per kg. The following state
- C Co uses material B, which has a current market price of $0·80 per kg. In a linear program, where the objective is to maximise profit, the shadow price of material B is $2 per kg. The following state
- In 2014 Mr Yuan inherited an estate of RMB2 million from his uncle who had died two months earlier.19 At 30 June 2004 a company’s allowance for receivables was $39,000. At 30 June 2005 trade receivabl
- 17 A business income statement for the year ended 31 December 2004 showed a net profit of $83,600. It was laterFaithful representation is a fundamental characteristic of useful information within the
- Faithful representation is a fundamental characteristic of useful information within the IASB’s Conceptual framework for financial reporting.The following information is available for a manufacturing
- 24 What figure should appear in the consolidated balance sheet of the J group as at 31 December 2004 for minority17 A business income statement for the year ended 31 December 2004 showed a net profit
- Is the following statement true or false?Which of the following statements relating to internal and external auditors is correct?Hindberg is a car retailer. On 1 April 2014, Hindberg sold a car to Lat
- 24 What figure should appear in the consolidated balance sheet of the J group as at 31 December 2004 for minorityThe following statements have been made about life cycle costing:8 P and Q are in partn
- 8 P and Q are in partnership, sharing profits in the ratio 2:1. On 1 July 2004 they admitted P’s son R as a partner. PIn 2014 Mr Yuan inherited an estate of RMB2 million from his uncle who had died tw
- C Co uses material B, which has a current market price of $0·80 per kg. In a linear program, where the objective is to maximise profit, the shadow price of material B is $2 per kg. The following state
- 24 What figure should appear in the consolidated balance sheet of the J group as at 31 December 2004 for minority18 How should interest charged on partners’ drawings appear in partnership financial st
- A corporate taxpayer has under-reported its taxable revenue in 2002 and hence underpaid value added tax (VAT) and enterprise income tax (EIT). In 2014, the taxpayer was charged by the tax authority wi
- 8 P and Q are in partnership, sharing profits in the ratio 2:1. On 1 July 2004 they admitted P’s son R as a partner. PA corporate taxpayer has under-reported its taxable revenue in 2002 and hence unde
- Faithful representation is a fundamental characteristic of useful information within the IASB’s Conceptual framework for financial reporting.The following statements have been made about life cycle co
