Essentials Of Investments
Essentials Of Investments
11th Edition
ISBN: 9781260013924
Author: Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher: Mcgraw-hill Education,
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MNO'S ROCE was 15%. If company gearing was 20%, and net assets were £150,000,
calculate shareholder funds.
A) 105,000
B) 120,000
125,000
ABCD
135,000
PQR's plant, costing £80,000, was damaged in its 6th year of business use. Plant life is 10
years. Engineers reckon residual plant life to be 3 years with value-in-use of £30,000. The
plant could be scrapped now for £10,000. Calculate the asset impairment.
시리이이
25,000
20,000
15,000
10,000
HIJ acquired all shares and half of the loan stock in KLM whose net assets were revalued
by £120,000 from £340,000 at the time. Goodwill arising was £24,000, and leverage in
KLM was 25%. Calculate the investment in KLM in HIJ's books.
A) 298,000
316,000
392,000
436,000
YZA's quick asset ratio is half the current ratio. Current assets excluding inventory were
£60,000. Calculate the inventory amount in current assets.
A)
시이이이
25,000
30,000
45,000
60,000
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Transcribed Image Text:MNO'S ROCE was 15%. If company gearing was 20%, and net assets were £150,000, calculate shareholder funds. A) 105,000 B) 120,000 125,000 ABCD 135,000 PQR's plant, costing £80,000, was damaged in its 6th year of business use. Plant life is 10 years. Engineers reckon residual plant life to be 3 years with value-in-use of £30,000. The plant could be scrapped now for £10,000. Calculate the asset impairment. 시리이이 25,000 20,000 15,000 10,000 HIJ acquired all shares and half of the loan stock in KLM whose net assets were revalued by £120,000 from £340,000 at the time. Goodwill arising was £24,000, and leverage in KLM was 25%. Calculate the investment in KLM in HIJ's books. A) 298,000 316,000 392,000 436,000 YZA's quick asset ratio is half the current ratio. Current assets excluding inventory were £60,000. Calculate the inventory amount in current assets. A) 시이이이 25,000 30,000 45,000 60,000
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