• [单选题]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 statements have been made:
  • 正确答案 :I
  • (i) and (iv)

  • 解析:

    Statement (ii) is wrong as it reflects the common misconception that the shadow price is the maximum price which should be paid, rather than the maximum extra over the current purchase price.

    Statement (iii) is wrong but could be thought to be correct if (ii) was wrongly assumed to be correct.


  • [单选题]11 Which of the following statements are correct?
  • 1 A company might make a rights issue if it wished to raise more equity capital. 2 A rights issue might increase the share premium account whereas a bonus issue is likely to reduce it. 3 A bonus issue will reduce the gearing (leverage) ratio of a company. 4 A rights issue will always increase the number of shareholders in a company whereas a bonus issue will not.

  • 正确答案 :A
  • 1 and 2


  • [单选题]16 Which of the following events between the balance sheet date and the date the financial statements are
  • authorised for issue must be adjusted in the financial statements? 1 Declaration of equity dividends. 2 Decline in market value of investments. 3 The announcement of changes in tax rates. 4 The announcement of a major restructuring.

  • 正确答案 :E
  • None of them


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