篩選結果 共找出20題

Which one of the following would help a company with high gearing to reduce its gearing ratio?

A

Making a rights issue of equity shares

B

Issuing further long-term loan notes

C

Making a bonus issue of shares

D

Paying dividends on its equity shares

A company's gross profit as a percentage of sales increased from 24% in the year ended 31 December 20X1 to 27% in the

year ended 31 December 20X2.

Which of the following events is most likely to have caused the increase?

A

An increase in sales volume

B

A purchase in December 20X1 mistakenly being recorded as happening in January 20X2

C

?Overstatement of the closing inventory at 31 December 20X1

D

Understatement of the closing inventory at 31 December 20X1?

?Which of the following transactions would result in an increase in capital employed?

A

Selling inventory at a profit

B

?Writing off a bad debt

C

Paying a payable in cash

D

Increasing the bank overdraft to purchase a non-current asset?

From the following information regarding the year to 31 August 20X6, what is the accounts payable payment period? You

should calculate the ratio using purchases as the denominator.

$

Sales?43,000

Cost of sales?32,500

Opening inventory?6,000

Closing inventory?3,800

Trade accounts payable at 31 August 20X6?4,750

A

40 days

B

50 days

C

?53 days

D

?57 days



What is the gearing of the company? You should calculate gearing using capital employed as the denominator.

A

13%

B

16%

C

20%

D

24%



What is the quick ratio of the company?

A

1.75

B

2.56?

C

2.88

D

?3.20



What is the current ratio of the company?

A

1.75

B

? 2.56

C

2.88

D

?3.20

Which of the following is a ratio which is used to measure how much a business owes in relation to its??size???

A

Asset turnover

B

Profit margin

C

Gearing

D

Return on capital employed

A business operates on a gross profit margin of 331/3%. were $680.??Gross profit on a sale was $800, and expenses

What is the net profit margin???

A

3.75%

B

?5%

C

11.25%

D

22.67%

?A company has the following details extracted from its statement of financial position：

??????????????????????????????????? $'000

Inventories????????????? ??? 1,900

Receivables??????????????? 1,000

Bank overdraft??????????? 100

Payables?????????????????????1,000

The industry the company operates in has a current ratio norm of 1.8. Companies who manage liquidity well in this industry

have a current ratio lower than the norm.

Which of the following statements accurately describes the company’s liquidity position?

A

Liquidity?appears to?be?well managed as?the bank?overdraft is relatively low

B

Liquidity?appears to?be?poorly-controlled?as?shown?by?the?large payables balance

C

Liquidity?appears to?be?poorly-controlled?as?shown?by?the?company’s relatively high?current ratio

D

?Liquidity?appears to?be?poorly-controlled?as?shown?by?the?existence of a bank