The sales figures of an industry
The trading volume of a company’s shares
The forecast of the next fiscal year’s profits
The effect of a new product on a company’s sales
第1题:
2 The draft financial statements of Rampion, a limited liability company, for the year ended 31 December 2005
included the following figures:
$
Profit 684,000
Closing inventory 116,800
Trade receivables 248,000
Allowance for receivables 10,000
No adjustments have yet been made for the following matters:
(1) The company’s inventory count was carried out on 3 January 2006 leading to the figure shown above. Sales
between the close of business on 31 December 2005 and the inventory count totalled $36,000. There were no
deliveries from suppliers in that period. The company fixes selling prices to produce a 40% gross profit on sales.
The $36,000 sales were included in the sales records in January 2006.
(2) $10,000 of goods supplied on sale or return terms in December 2005 have been included as sales and
receivables. They had cost $6,000. On 10 January 2006 the customer returned the goods in good condition.
(3) Goods included in inventory at cost $18,000 were sold in January 2006 for $13,500. Selling expenses were
$500.
(4) $8,000 of trade receivables are to be written off.
(5) The allowance for receivables is to be adjusted to the equivalent of 5% of the trade receivables after allowing for
the above matters, based on past experience.
Required:
(a) Prepare a statement showing the effect of the adjustments on the company’s net profit for the year ended
31 December 2005. (5 marks)
第2题:
A、silently
B、silence
C、silent
第3题:
There was()in the meeting room as the general manager predicted the company's sales target.
A. Silence
B. silent
C. silently
第4题:
第5题:
第6题:
This year's sales in many companies were lower than ().
第7题:
Internet Key Exchange version 2 (IKEv2)
Layer 2 Tunneling Protocol (L2TP)
Point-to-Point Tunneling Protocol (PPTP)
Secure Socket Tunneling Protocol (SSTP)
第8题:
A merger with another company
The introduction of a new product
Various domestic economic factors
The hiring of a new CEO
第9题:
To describe a change in the company’s customer policy
To announce the use of new communications technology
To inform executives of a professional gathering
To notify employees of the company’s expansion
第10题:
In a corporate promotional newsletter
In a letter to the company's management
In a company's annual financial report
In the business section of a newspaper
第11题:
Medical equipment.
Special machine.
Medicine for hospitals.
第12题:
lat year's
which of last year's
last year
in last year
第13题:
(ii) The sales director has suggested to Damian, that to encourage the salesmen to accept the new arrangement,
the company should increase the value of the accessories of their own choice that can be fitted to the low
emission cars.
State, giving reasons, whether or not Damian should implement the sales director’s suggestion.
(2 marks)
第14题:
A. He is the president of Bestway Co.
B.He is the general manager of Nile Co. C.He is the sales manager of Lee Brothers’.
第15题:
A.respectively
B.respective
C.separately
D.separate
第16题:
For the year just ended, N company had an earnings of$ 2 per share and paid a dividend of $ 1. 2 on its stock. The growth rate in net income and dividend are both expected to be a constant 7 percent per year, indefinitely. N company has a Beta of 0. 8, the risk - free interest rate is 6 percent, and the market risk premium is 8 percent.
P Company is very similar to N company in growth rate, risk and dividend. payout ratio. It had 20 million shares outstanding and an earnings of $ 36 million for the year just ended. The earnings will increase to $ 38. 5 million the next year.
Requirement :
A. Calculate the expected rate of return on N company 's equity.
B. Calculate N Company 's current price-earning ratio and prospective price - earning ratio.
C. Using N company 's current price-earning ratio, value P company 's stock price.
D. Using N company 's prospective price - earning ratio, value P company 's stock price.
A. The expected rate of return on N company's equity =6% +0. 8*8% =12.4%
B. Current price -earning ratio = (1. 2/2) * (1 +7% )/ (12.4% -7% ) =11. 89
Prospective price - earning ratio = (1. 2/2) / (12. 4% - 70% ) =11. 11
C. P company's stock = 11. 89* 36/20 = 21. 4
D. P company's stock = 11. 11* 38. 5/20 = 21. 39
第17题:
第18题:
第19题:
The sales figures of an industry
The trading volume of a company’s shares
The forecast of the next fiscal year’s profits
The effect of a new product on a company’s sales
第20题:
第21题:
An investment firm’s sales figures
A recession’s effect on the real estate industry
Yesterday’s stock market activity
An economic report’s unexpected findings
第22题:
Replace his new water heater
Remove a late charge from his bill
Register him for equalized payments
Give him a discount on next month’s bill
第23题:
第24题:
lower than expected
the same as expected
higher than expected