In 2014 Mr Yuan inherited an estate of RMB2 million from his uncle who had died two months earlier.A company predicted that the learning rate for production of a new product would be 80%. The actual l
The following information is available for a manufacturing company which produces multiple products:The following statements have been made about life cycle costing:17 A business income statement for
19 What is the company’s return on shareholders’ equity?Is the following statement true or false?A company predicted that the learning rate for production of a new product would be 80%. The actual lea
The following statements have been made about life cycle costing: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,
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
Hindberg is a car retailer. On 1 April 2014, Hindberg sold a car to Latterly on the following terms:15 Which of the following statements about intangible assets are correct?17 A business income statem
15 Which of the following statements about intangible assets are correct?A company predicted that the learning rate for production of a new product would be 80%. The actual learning rate was 75%. The
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
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
Hindberg is a car retailer. On 1 April 2014, Hindberg sold a car to Latterly on the following terms:Faithful representation is a fundamental characteristic of useful information within the IASB’s Conc
14 Alpha buys goods from Beta. At 30 June 2005 Beta’s account in Alpha’s records showed $5,700 owing to Beta.Is the following statement true or false?In 2014 Mr Yuan inherited an estate of RMB2 millio
In 2014 Mr Yuan inherited an estate of RMB2 million from his uncle who had died two months earlier.25 What should the minority interest figure be in the group’s consolidated balance sheet at 31 Decemb
