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Extracts from a company's accounts show the following: Statement of Financial Position '000 Non Current Assets 700 150 Statement of Profit and Loss '000 Revenue
Extracts from a company's accounts show the following: Statement of Financial Position '000 Non Current Assets 700 150 Statement of Profit and Loss '000 Revenue 2250 Cost of Sales 1000 Gross Profit 1250 Distribution costs 275 Administration costs 150 Operating Profit 825 Finance Costs 80 Profit before Tax 745 Tax 90 Profit after tax 655 Current Assets Inventory Trade Recievables Cash 240 100 490 200 Long Term Loans Trade Payables 275 This information relates to Questions 6-11 Question 6 (1 point) Using the Information from Above, Calculate the Gross profit and Operating profit for the company. Gross profit 55.6% and operating profit 33.1% Gross profit 56.5% and operating profit 29.1% Gross profit 55.6% and operating profit 36.7% Gross profit 56.5% and operating profit 36.7% Question 7 (1 point) What is the Interest Cover (Finance Costs) for the Company? 8.2 times 9.3 times 10.3 times 9.8 times Question 8 (1 point) The Current Ratio is 1.78:1 True False Question 9 (1 point) What are the Trade Recievables Days and Trade Payable days? 35 days and 105 days 43 day and 90 days 24 days and 89 days 39 days and 100 days Question 10 (1 point) What is the inventory Turnover in Days? 66 days 44 days 24 days 55 days Question 11 (1 point) What is the ROE (return on Equity)? 73% 59% 85% Question 11 (1 point) What is the ROE (return on Equity)? 73% 59% 85% 92% Question 12 (1 point) In the year 31st December 2014, a company declares an interim ordinary dividend of 9.6c per share and a final ordinary dividend of 10.8c per share Assuming a Share price of 356cent, what is the dividend yield. 5.73% 2.70% 3.03% 5.60% Question 12 (1 point) In the year 31st December 2014, a company declares an interim ordinary dividend of 9.6c per share and a final ordinary dividend of 10.8c per share Assuming a Share price of 356cent, what is the dividend yield. 5.73% 2.70% 3.03% 5.60% Question 13 (1 point) Which of the following statements are correct? 1. Financial accounting is concerned with providing information about the historical results of past plans and decisions 2. Management accounting is concerned with providing information for the more day to day functions of control and decision making 3. Financial Managment is concerned with the long-term raising of finance and the allocation of control of resources 2 & 3 o all 3 O 1 & 2 O 1&3
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