18 Which of the following statements about accounting ratios and their interpretation are correct?C Co uses material B, which has a current market price of $0·80 per kg. In a linear program, where the
14 Alpha buys goods from Beta. At 30 June 2005 Beta’s account in Alpha’s records showed $5,700 owing to Beta.Hindberg is a car retailer. On 1 April 2014, Hindberg sold a car to Latterly on the followi
A company predicted that the learning rate for production of a new product would be 80%. The actual learning rate was 75%. The following possible reasons were stated for this:C Co uses material B, whi
19 At 30 June 2004 a company’s allowance for receivables was $39,000. At 30 June 2005 trade receivables totalled $517,000. It was decided to write off debts totalling $37,000 and to adjust the allowan
