Question 1

An increase in return on capital employed may be the result of

Accepted Answer

A)  Higher net profit after tax and/or lower shareholders' funds 
B)  Higher net profit after tax and/or lower capital employed 
C)  Higher operating profit before interest and tax and/or lower shareholders' funds 
D)  Higher operating profit before interest and tax and/or lower capital employed 
A)  Higher net profit after tax and/or lower shareholders' funds 
B)  Higher net profit after tax and/or lower capital employed 
C)  Higher operating profit before interest and tax and/or lower shareholders' funds 
D)  Higher operating profit before interest and tax and/or lower capital employed

Question 2

The 'triple bottom line' refers to:

Accepted Answer

A)  Income Statement, Balance Sheet and Statement of Cash Flows 
B)  Economic, social and environmental performance 
C)  Economic/rational, interpretive and critical perspectives 
D)  Assets, debt and equity 
A)  Income Statement, Balance Sheet and Statement of Cash Flows 
B)  Economic, social and environmental performance 
C)  Economic/rational, interpretive and critical perspectives 
D)  Assets, debt and equity

Question 3

Use the following information to answer questions.The Balance Sheet of MNO Company shows current assets of £1,250,000; current liabilities of £900,000; non-current assets of £2,400,000; and long-term debt of £750,000.
-Shareholders' funds are:

Accepted Answer

A)  £3,650,000 
B)  £1,650,000 
C)  £2,000,000 
D)  £1,000,000 
A)  £3,650,000 
B)  £1,650,000 
C)  £2,000,000 
D)  £1,000,000

Question 4

Use the following information extracted from ABC's Income Statement and Balance Sheet to answer questions:Sales £4,200,000; Gross profit £2,700,000; Receivables £630,000; Payables £275,000; Inventory £300,000. ABC calculates its financial ratios based on being open for business 6 days per week for 50 weeks per year
-ABC's days' sales outstanding were:

Accepted Answer

A)  40 
B)  45 
C)  50 
D)  55 
A)  40 
B)  45 
C)  50 
D)  55

An increase in return on capital employed may be the result of

The 'triple bottom line' refers to:

Use the following information to answer questions.The Balance Sheet of MNO Company shows current assets of £1,250,000; current liabilities of £900,000; non-current assets of £2,400,000; and long-term debt of £750,000. -Shareholders' funds are:

Introduction to Accounting

Accounting and Its Relationship to Shareholder Value and Corporate Governance

Recording Financial Transactions and the Principles of Accounting

Management Control, Accounting, and Its Rationaleconomic Assumptions

Interpretive and Critical Perspectives on Accounting and Decision Making

Constructing Financial Statements: IFRS and the Framework of Accounting

Accounting for Inventory

Accounting and Information Systems

Marketing Decisions

Introduction to Accounting

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Exam 7: Interpreting Financial Statements

An increase in return on capital employed may be the result of

The 'triple bottom line' refers to:

Use the following information to answer questions.The Balance Sheet of MNO Company shows current assets of £1,250,000; current liabilities of £900,000; non-current assets of £2,400,000; and long-term debt of £750,000. -Shareholders' funds are:

Introduction to Accounting

Accounting and Its Relationship to Shareholder Value and Corporate Governance

Recording Financial Transactions and the Principles of Accounting

Management Control, Accounting, and Its Rationaleconomic Assumptions

Interpretive and Critical Perspectives on Accounting and Decision Making

Constructing Financial Statements: IFRS and the Framework of Accounting

Accounting for Inventory

Accounting and Information Systems

Marketing Decisions

Introduction to Accounting

Filters