Accounting Multiple Choice Question – 9 February 2018

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

Wood Pigeon Ltd has provided a list of its assets and liabilities as at 31 December 2017 as follows:

  • Long-Term Assets £400k
  • Inventory £185k
  • Accounts Receivables £140k
  • Bank Account £110k
  • Cash £50K
  • Accounts Payable £165k
  • Long-term Bank Loan £800k
  • Reserves £250k
  • Share Capital £200k
  • Revenue £4,800k
  • Cost-of-Sales £3,400k
  • Net Profit Margin £600k
  • Purchases £1,800k

What is Wood Pigeon’s Liquidity capital ratio (acid test or quick ratio)?

Select ONE answer:

  1. 18.38
  2. 10.65
  3. 2.93
  4. 19.86
  5. 1.82

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

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

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

The answer is 5 – (£140k + £110k + £50k) / £165k = 1.82

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

Accounting Multiple Choice Question – 8 February 2018

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

Wood Pigeon Ltd has provided a list of its assets and liabilities as at 31 December 2017 as follows:

  • Long-Term Assets £400k
  • Inventory £185k
  • Accounts Receivables £140k
  • Bank Account £110k
  • Cash £50K
  • Accounts Payable £165k
  • Long-term Bank Loan £800k
  • Reserves £250k
  • Share Capital £200k
  • Revenue £4,800k
  • Cost-of-Sales £3,400k
  • Net Profit Margin £600k
  • Purchases £1,800k

What is Wood Pigeon’s Current Ratio (working capital ratio)?

Select ONE answer:

  1. 18.38
  2. 10.65
  3. 2.93
  4. 19.86
  5. 1.82

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

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

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

The answer is 3 – (£185k+£140k+£110k+£50k) / £165k = 2.93

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

Accounting Multiple Choice Question – 7 February 2018

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

Wood Pigeon Ltd has provided a list of its assets and liabilities as at 31 December 2017 as follows:

  • Long-Term Assets £400k
  • Inventory £185k
  • Accounts Receivables £140k
  • Bank Account £110k
  • Cash £50K
  • Accounts Payable £165k
  • Long-term Bank Loan £800k
  • Reserves £250k
  • Share Capital £200k
  • Revenue £4,800k
  • Cost-of-Sales £3,400k
  • Net Profit Margin £600k
  • Purchases £1,800k

What is Wood Pigeon’s ROCE percentage?

Select ONE answer:

  1. 16.67
  2. 29.17
  3. 48.00
  4. 41.18
  5. 12.50

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

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

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

The answer is 3 – Return on Capital Employed. Return on capital employed or ROCE is a profitability ratio that measures how efficiently a company can generate profits from its capital employed by comparing net operating profit to capital employed. £600k / (£800k + £250k + £200k) * 100 = 48.00%

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

Accounting Multiple Choice Question – 6 February 2018

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

Wood Pigeon Ltd has provided a list of its assets and liabilities as at 31 December 2017 as follows:

  • Long-Term Assets £400k
  • Inventory £185k
  • Accounts Receivables £140k
  • Bank Account £110k
  • Cash £50K
  • Accounts Payable £165k
  • Long-term Bank Loan £800k
  • Reserves £250k
  • Share Capital £200k
  • Revenue £4,800k
  • Cost-of-Sales £3,400k
  • Net Profit Margin £600k
  • Purchases £1,800k

What is Wood Pigeon’s Net Margin Percentage?

Select ONE answer:

  1. 16.67
  2. 29.17
  3. 48.00
  4. 41.18
  5. 12.50

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

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

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

The answer is 5 – £600k / £4,800k * 100 = 12.50%

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

Accounting Multiple Choice Question – 5 February 2018

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

Wood Pigeon Ltd has provided a list of its assets and liabilities as at 31 December 2017 as follows:

  • Long-Term Assets £400k
  • Inventory £185k
  • Accounts Receivables £140k
  • Bank Account £110k
  • Cash £50K
  • Accounts Payable £165k
  • Long-term Bank Loan £800k
  • Reserves £250k
  • Share Capital £200k
  • Revenue £4,800k
  • Cost-of-Sales £3,400k
  • Net Profit Margin £600k
  • Purchases £1,800k

What is Wood Pigeon’s Expenses in relation to revenue Percentage?

Select ONE answer:

  1. 16.67
  2. 29.17
  3. 48.00
  4. 41.18
  5. 12.50

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

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

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

The answer is 1 – £4,800k – £3,400k = £1,400k – £600k = £800k / £4,800k * 100 = 16.67%

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

Accounting Multiple Choice Question – 4 February 2018

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

Wood Pigeon Ltd has provided a list of its assets and liabilities as at 31 December 2017 as follows:

  • Long-Term Assets £400k
  • Inventory £185k
  • Accounts Receivables £140k
  • Bank Account £110k
  • Cash £50K
  • Accounts Payable £165k
  • Long-term Bank Loan £800k
  • Reserves £250k
  • Share Capital £200k
  • Revenue £4,800k
  • Cost-of-Sales £3,400k
  • Net Profit Margin £600k
  • Purchases £1,800k

What is Wood Pigeon’s Gross Profit Mark-up Percentage?

Select ONE answer:

  1. 16.67
  2. 29.17
  3. 48.00
  4. 41.18
  5. 12.50

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

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

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

The answer is 4 – £4,800 – £3,400k = £1,400k / £3,400k * 100 = 41.18%

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

Accounting Multiple Choice Question – 3 February 2018

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

Wood Pigeon Ltd has provided a list of its assets and liabilities as at 31 December 2017 as follows:

  • Long-Term Assets £400k
  • Inventory £185k
  • Accounts Receivables £140k
  • Bank Account £110k
  • Cash £50K
  • Accounts Payable £165k
  • Long-term Bank Loan £800k
  • Reserves £250k
  • Share Capital £200k
  • Revenue £4,800k
  • Cost-of-Sales £3,400k
  • Net Profit Margin £600k
  • Purchases £1,800k

What is Wood Pigeon’s Gross Profit Margin Percentage?

Select ONE answer:

  1. 16.67
  2. 29.17
  3. 48.00
  4. 41.18
  5. 12.50

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

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

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

The answer is 2 – £4,800k – £3,400k = £1,400k / £4,800k * 100 = 29.17%

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