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Please assist with the accounting question. 4.1 Which of the following statements is correct? The quick ratio is the ratio of: Select one: O A.

Please assist with the accounting question.

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4.1 Which of the following statements is correct? The quick ratio is the ratio of: Select one: O A. current assets to current liabilities less bank overdraft. O B. current assets less inventory to current liabilities. O C. current assets less inventory to current liabilities less bank overdraft. O D. current assets less trade receivables to current liabilities.4.2 Albany Port Authority Limited has the following information relating to trade receivables and revenue in its financial statements at 31 December 20X5: Revenue 1,670,227 Trade receivables 147,371 75% of sales are on credit and the remainder are cash sales. The trade receivables collection period in days (to one decimal place) is: Select one: O A. 36.3 days O B. 48.3 days O C. 32.2 days O D. 42.9 daysThe following information is relevant for questions 4.3 and 4.4. Pimlico plc is a quoted company. Extracts from its financial statements for the year ending 28 February 20X4 are as follows: 1000 Revenue 22, 840 Operating profit 6, 149 Finance costs (1,437) Profit before tax 4,712 Taxation (1.500) Profit for the year 3,212 The company paid a dividend of f860,000 in the year. The company has 5,000,000 25p ordinary shares in issue. At 28 February 20X4 the market price of one share was $3.83.4.3 The dividend cover ratio (to 2 decimal places) is: Select one: O A. 4.28 O B. 2.85 O C. 3.73 O D. 5.48 4.4 Earnings per share (to one decimal place) is: Select one: O A. 49.0p O B. 17.2p O C. 64.24p O D. 265.0p4.5 At 31 May 20X3 Russell plc has a market capitalisation of $13,950,000 with 5,000,000 50p ordinary shares in issue. An extract from the company's income statement at that date is as follows: 1000 Operating profit 2,256 Finance costs (600) Profit before taxation 1,656 Tax (536) Profit for the year 1,120 What was the company's P/E ratio (to one decimal place) at 31 t May 20X3? Select one: O A. 27.9 O B. 12.5 O C. 6.2 O D. 8.4The following information is relevant to questions 4.6 to 4.10. Exmouth Fisheries plc has recently published its draft financial statements which show the following results. Group Income Statement For the year ended 30 June 20X3 20X3 20X2 Em Em Revenue 7,890 3,996 Cost of sales (6,501) (3,018) Gross Profit 1,299 978 Operating expenses (360) (212) Operating Profit 939 766 Finance costs (180) (216) Profit/loss before tax 759 550 Tax (559) (404) Profit for the year 200 146Group Statement of Financial Position As at 30June 20X3 20X3 20X2 Em Em Non-current assets 1,027 369 Current assets: Inventory 5,663 3,288 Trade receivables 139 362 Bank 175 175 Total assets 7,004 4,194 Current liabilities: Trade payables (1,353) (174) Other (730) (622) Non-current liabilities: Long term loan (2.025) (1659) Total liabilities (4,108) (2,455) Net assets 2,896 1,739 Ordinary share capital 320 200 Share premium 2,120 Retained earnings 456 1,539 Total equity 2.896 1,7394.6 What was the percentage increase in revenue in the year? Select one: O A. 1.97 % O B. 197 % O C. 97% O D. 0.97% 4.7 What was the percentage increase or decrease in inventory in the year? Select one: O A. 72.23 % decrease O B. 41.93 % increase O C. 41.93 % decrease O D. 72.23 % increase4.8 What was the trade payables period (to the nearest whole day) at June 30th 20X2? Select one: O A. 16 days O B. 174 days O C. 76 days O D. 21 days 4.9 What was the debt ratio at 30th June 20X3? Select one: O A. 1.7 times O B. 58.65% O C. 170.49 % O D. 17 days4.10 What was the return on capital employed for the year to June 30th 20X3? Select one: O A. 6.9% O B. 2.9% O C. 19.1% O D. 13.4%

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