Kindly answer all questions for thumbs up.

State whether each of the following statements is true or false by giving reasons for your

answers:

(i) The income statement shows the cash generated by a company over the last year.

(ii) It is possible to calculate the market value of the shareholders' interest in a

company from data shown in its statement of financial position.

(iii) A change in accounting policy that reduces a company's depreciation charge by

1 million will usually increase the post-tax profits attributable to ordinary

shareholders by 1 million.

(iv) A provision is a potential liability which had not materialised as a liability by the

date of the statement of financial position, eg payments that might become due

in respect of guarantees given to banks, or goods sold under warranty.

{i} Explain with the aid of formulae what is meant by the term 'Standardised Mortality Ratio '. {ii} For a certain year. the estimated mid-year population of women in England and Wales and the number of deaths from cancer were as follows: Exact Estimated Number of ages population deaths 9-3 5 1 2.939.599 939 35-59 4.241.199 3.925 59-95 4.192.499 15.549 95-39 3.4 1'1 .999 29.33 'F over 39 1.143.599 1T.544 For the same year. the corresponding data for women in a certain district were as follows: Exact Estimated Number of ages population deaths 9-3 5 33 .992 5 35-59 29 .9 T9 3 1 59-95 39.1 92 93 95-39 19.2 29 1 49 over 39 5.?99 3 2 Calculate the 3tandardised Mortality Ratio with rmpect to cancer for women in this district for the year in question. using the national rates as the standard. The following data refers to permanent assurances. males. in 193339 at durations 2 years and over. Actual 1991-1 E Actual 199.4 E deaths by 311439 deaths by AM39 ultimate ultimate 113 34 52 132 115 Source G M. 1. Bureau {i} Suppose that. at all ages. the force of mortality of non-smokers is cw times the force of mortality of M39 ultimate. whilst that of smokers is :13 times the force of mortality of M39 ultimate. Find approximate 95% condence intervals for cm; and :13. {ii} Suppose that. at all ages. the force of mortality of the combined group (of smokers and non-smokers together} is car;- times the force of mortality of M39 ultimate. Find an approximate 95% condence interval for :13. Let 9 m Poisson(mE}. where E 'E a constant and where 111 takes the {unknown} value '31. Show that ii}. = 9 f E '13 the maximmn likelihood mtimator of 131. and also that it is an unbiased and efcient estimator of #31