Tag: Accounting

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

• Long-Term Assets £1.8M
• Inventory £1.7M
• Accounts Receivables £1.5M
• Bank Account £1.4M
• Cash £0.1M
• Accounts Payable £1.9M
• Long-term Bank Loan £4M
• Reserves  £0.5M
• Share Capital £1.0M
• Revenue  £20.8M
• Cost-of-Sales  £17.0M
• Net Profit Margin  £1.5M
• Purchases  £10.1M

What is Wood Dragon’s Net Margin Percentage?

Select ONE answer:

1. 22.35
2. 11.06
3. 27.27
4. 7.21
5. 18.27

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 – £1.50M / £20.8M* 100 = 7.21%

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

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

• Long-Term Assets £1.8M
• Inventory £1.7M
• Accounts Receivables £1.5M
• Bank Account £1.4M
• Cash £0.1M
• Accounts Payable £1.9M
• Long-term Bank Loan £4M
• Reserves  £0.5M
• Share Capital £1.0M
• Revenue  £20.8M
• Cost-of-Sales  £17.0M
• Net Profit Margin  £1.5M
• Purchases  £10.1M

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

Select ONE answer:

1. 22.35
2. 11.06
3. 27.27
4. 7.21
5. 18.27

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 – £20.8M – £17.0M = £3.8M -£1.5M = £2.30M / £20.8M * 100 = 11.06%

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

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

• Long-Term Assets £1.8M
• Inventory £1.7M
• Accounts Receivables £1.5M
• Bank Account £1.4M
• Cash £0.1M
• Accounts Payable £1.9M
• Long-term Bank Loan £4M
• Reserves  £0.5M
• Share Capital £1.0M
• Revenue  £20.8M
• Cost-of-Sales  £17.0M
• Net Profit Margin  £1.5M
• Purchases  £10.1M

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

Select ONE answer:

1. 22.35
2. 11.06
3. 27.27
4. 7.21
5. 18.27

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 – £20.8M – £17.0M = £3.8M / £17.0M * 100 = 22.35%

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

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

• Long-Term Assets £1.8M
• Inventory £1.7M
• Accounts Receivables £1.5M
• Bank Account £1.4M
• Cash £0.1M
• Accounts Payable £1.9M
• Long-term Bank Loan £4M
• Reserves  £0.5M
• Share Capital £1.0M
• Revenue  £20.8M
• Cost-of-Sales  £17.0M
• Net Profit Margin  £1.5M
• Purchases  £10.1M

What is Wood Dragon’s Gross Profit Margin Percentage?

Select ONE answer:

1. 22.35
2. 11.06
3. 27.27
4. 7.21
5. 18.27

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 – £20.8M – £17.0M = £3.8M / £20.8M * 100 = 18.27%

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

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

• Long-Term Assets £0.8M
• Inventory £0.7M
• Accounts Receivables £0.7M
• Bank Account £0.4M
• Cash £0.1M
• Accounts Payable £0.9M
• Long-term Bank Loan £2M
• Reserves  £0.5M
• Share Capital £0.5M
• Revenue  £10.8M
• Cost-of-Sales  £9M
• Net Profit Margin  £1M
• Purchases  £5.1M

What is Wood Sparrow’s Capital Gearing percentage ratio?

Select ONE answer:

1. 69.66
2. 68.00
3. 67.66
4. 67.00
5. 66.66

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 – £2M / (£2M + £0.5M + £0.5M) * 100 = 66.66%

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