1. Oni Pty Ltd Limited has prepared its June half-year
Which of the following strategies would be appropriate to address this short-term cash problem?
A.Any of these strategies would be appropriate to address this short-term cash problem.
B.Arrange an overdraft facility with its bank.
C.Sell its goods on a cash-only basis.
D.Raise additional capital via a share issue.
E.Realise some non-current assets.
2.Oni Pty Ltd sells it goods at a 50% mark-up. A review of the variance report reveals the following:
A favourable variance in Sales revenue of 8%
An unfavourable variance in Cost of sales of 5%
Which of the following statements is correct?
A.The actual mark-up % was greater than forecast and management will be pleased with the cost of sales variance.
B.The actual mark-up % was greater than forecast and management will be disappointed with the cost of sales variance.
C.The actual mark-up % was less than forecast and management will be pleased with the cost of sales variance.
D.None of these statements are correct.
E.The actual mark-up % was less than forecast and management will be disappointed with the cost of sales variance.
3.Investment in which of the following confirms that software design firms have high operating leverage?
A. Computer equipment
B.Salaries
C.Investment in all of these confirms that software design firms have high operating leverage.
D.Intellectual property
E.Online security
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