Tag: AQA

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%

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

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%

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

Woodpecker Ltd provided a list of its assets and liabilities as at 31 December 2016 as follows.

• Long-Term Assets £300k
• Inventory £85k
• Accounts Receivables £40k
• Bank Account £10k
• Cash £5K
• Accounts Payable £65k
• Long-term Bank Loan £700k
• Reserves £125k
• Share Capital £100kRevenue £3,800k
• Cost-of-Sales £2,400k
• Net Profit Margin £300k
• Purchases £1,200k

What is Woodpecker’s Capital Gearing percentage ratio?

Select ONE answer:

1. 75.68
2. 76.68
3. 77.68
4. 78.68
5. 79.68

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 -£700k / (£700k + £125k + £100k) * 100 = 75.68%

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

Woodpecker Ltd provided a list of its assets and liabilities as at 31 December 2016 as follows.

• Long-Term Assets £300k
• Inventory £85k
• Accounts Receivables £40k
• Bank Account £10k
• Cash £5K
• Accounts Payable £65k
• Long-term Bank Loan £700k
• Reserves £125k
• Share Capital £100kRevenue £3,800k
• Cost-of-Sales £2,400k
• Net Profit Margin £300k
• Purchases £1,200k

What is Woodpecker’s Trade Payable Days ratio?

Select ONE answer:

1. 9.89
2. 19.77
3. 31.24
4. 12.84
5. 14.77

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 – £65k / £1,200k * 365 days = 19.77 days

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

Woodpecker Ltd provided a list of its assets and liabilities as at 31 December 2016 as follows.

• Long-Term Assets £300k
• Inventory £85k
• Accounts Receivables £40k
• Bank Account £10k
• Cash £5K
• Accounts Payable £65k
• Long-term Bank Loan £700k
• Reserves £125k
• Share Capital £100kRevenue £3,800k
• Cost-of-Sales £2,400k
• Net Profit Margin £300k
• Purchases £1,200k

What is Woodpecker’s Trade Receivable Days ratio?

Select ONE answer:

1. 1.84
2. 2.84
3. 3.24
4. 3.84
5. 4.24

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 – £40k / £3,800k * 365 days = 3.84 days

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