Accounting Multiple Choice Question – 15 February 2021

The home of multiple choice questions for all your KS3, KS4 and KS5 Business Studies, Economics and Accounting requirements.

apple devices books business coffee
Photo by Serpstat on Pexels.com

A company’s published Profit and Loss Account gives the following information:

  • operating profit  —  £4,000M
  • interest expense  —  £200M
  • taxation  —  £1,150M
  • ordinary dividends  —  £1,200M

What is the profit figure to be used in the calculation of earnings per ordinary share?

Select ONE answer:

  1. £1,150 million
  2. £2,350 million
  3. £2,650 million
  4. £3,800 million 

Show your workings to arrive at your answer, and explain and justify your reasons:

……………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………

This multiple-choice question is suitable for Accounting KS5 classes.

The answer is 3

  1. Not correct
  2. Not correct
  3. Correct – £4,000M – £200M – £1,150M
  4. Not correct

Creative Commons License
This work is licensed under a Creative Commons Attribution 4.0 International License.