Which one of the following would help a company with high gea
Issuing further loan notes and paying dividends will increase gearing. A bonus issue simply capitalises reserves, so has noeffect...
Compare and comment on the performance of the companies as in
The gross profit percentage is high for both companies. Smokey, which has a higher sales figure in absolute terms, also has a higher gross profit perce...
Which of the following transactions would result in an increa
Profit will be an addition to owner's capital...
Which of the following is a ratio which is used to measure ho
The gearing ratio is used to assess how much the company owes in relation to its size...
Why is analysis of financial statements carried out?
Analysis of financial statements is carried out so that the significance of the financial statements can be better understood. Comparisons through time...
What is the gearing of the company? You should calculate gear
ccounts payable payment period =4,750 ——...
How should the balance on the payables ledger control account
Trade payables are a current liability...
A company receives rent for subletting part of its office blo
Receipt $1 October ...
A receivables ledger control account had a closing balance of
$8,500 - (2 x $400) = $7,700....