Tag: AQA

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 Expenses in relation to revenue Percentage?

Select ONE answer:

1. 20.00
2. 7.4
3. 26.67
4. 31.82
5. 16.66

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 2 – £10.8M – £9M = £1.8M -£1M = £0.8M / £10.8M * 100 = 7.4%

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 Gross Profit Mark-up Percentage?

Select ONE answer:

1. 20.00
2. 24.14
3. 26.67
4. 31.82
5. 16.66

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 1 – £10.8M – £9M = £1.8M / £9M * 100 = 20%

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 Gross Profit Margin Percentage?

Select ONE answer:

1. 20.00
2. 24.14
3. 26.67
4. 31.82
5. 16.66

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 – £10.8M – £9M = £1.8M / £10.8M * 100 = 16.66%

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

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

• Long-Term Assets £400k
• Inventory £385k
• Accounts Receivables £340k
• Bank Account £210k
• Cash £50K
• Accounts Payable £365k
• Long-term Bank Loan £1800k
• Reserves  £250k
• Share Capital £200k
• Revenue  £5,800k
• Cost-of-Sales  £4,400k
• Net Profit Margin  £600k
• Purchases  £2,800k

What is Wood Angel’s Capital Gearing percentage ratio?

Select ONE answer:

1. 80.00
2. 79.00
3. 78.00
4. 76.00
5. 75.00

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 – £1800k / (£1800k + £250k + £200k) * 100 = 80.00%

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

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

• Long-Term Assets £400k
• Inventory £385k
• Accounts Receivables £340k
• Bank Account £210k
• Cash £50K
• Accounts Payable £365k
• Long-term Bank Loan £1800k
• Reserves  £250k
• Share Capital £200k
• Revenue  £5,800k
• Cost-of-Sales  £4,400k
• Net Profit Margin  £600k
• Purchases  £2,800k

What is Wood Angel’s Trade Payable Days ratio?

Select ONE answer:

1. 11.43
2. 47.58
3. 2.93
4. 31.94
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 2 – £365k / £2,800k * 365 days = 47.58 days

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