1 The following information relates to extract from financial data of Dorah Willemse Ltd for the ended 31 December 2010: Med out of 100 Currents Current bites ACDecevs twentory Goodwill Sales (On Credit Costcods sold R 65.000 60 000 20 000 200 40 000 365 000 200 000 Pag. Assuming there are 365 days in a year, Doran Willemse's quick ratio is Select one: O A 0.90 to 1 OB 0.75 to 1 1.10 to 1 OD 0.87 to 1 Dueto 2 triotit Mate 1.00 Which one or more of the following would you report as a liability on a statement of financial position a) Redeemable Preference Shares b) Retained earnings Dividend dedared di Loan Notes Select one A band Bb.c&d o cacad D. Alfour Not yet Current year's depreciation charge relating to Equipment used for designing products should be included as an expense in the current years Statement of Comprehensive Income within which of the headings stated below! Marked out of 100 Festen Select one Within other operating expenses O b. Within Cost of sales @c. Within Distribution cost Within Administrative expenses Que 4 hoty As atst March 2011 Bd has in issue 100 million ordinary shares of R1 each. 30 cent called up. On that day Terry paid 120 cent per Share to buy 4 ordinary shares from Lestet in the event 288 Ltd becomes insolvent and is unable to meet is full its debits what is the maximum Terry may be sequired to pay from his personal resources an out of 100 Select one OR Nothing DR800 OC R2 000 d. 400 De-5 ABC LTD has invertory of Rym at the start of an accounting period and Ram at the end of the period. Sales for the period are Rolin and the gross profit is R15m. The inventory holding periods ad out Select one Ot days 9 days 046 days Od 65 days