快速查题-ACCA英国注册会计师试题
ACCA英国注册会计师
筛选结果
共找出26题
- 不限题型
- 不定项选择题
- 单选题
- 填空题
- 材料题
- 简答题
- 论述题
This objective test question contains a question type which will only appear in a computer-based exam, but this question provides valuable practice for all students whichever version of the exam they are taking.
At the end of 20X1, an investment centre has net assets of $1m and annual operating profits of $190,000. However, the bookkeeper forgot to account for the following:
A machine with a net book value of $40,000 was sold at the start of the year for $50,000, and replaced with a machine costing $250,000. Both the purchase and sale are cash transactions. No depreciation is charged in the year of purchase or disposal. The investment centre calculates return on investment (ROI) based on closing net assets.
Assuming no other changes to profit or net assets, what is the return on investment (ROI) for the year?
This objective test question contains a question type which will only appear in a computer-based exam, but this question provides valuable practice for all students whichever version of the exam they are taking.
TM plc makes components which it sells internally to its subsidiary RM Ltd, as well as to its own external market.
The external market price is $24.00 per unit, which yields a contribution of 40% of sales. For external sales, variable costs include $1.50 per unit for distribution costs, which are not incurred on internal sales.
TM plc has sufficient capacity to meet all of the internal and external sales. The objective is to maximise group profit.
At what unit price should the component be transferred to RM Ltd?
A division with capital employed of $400,000 currently earns an ROI of 22%. It can make an additional investment of $50,000 for a five year life with nil residual value. The average net profit from this investment would be $12,000 after depreciation. The division's cost of capital is 14%.
What are the residual incomes before and after the investment?
The transfer pricing system operated by a divisional company has the potential to make a significant contribution towards the achievement of corporate financial objectives.
Required
Explain the potential benefits of operating a transfer pricing system within a divisionalised company.
Choose the correct words from those highlighted.
ROI based on profits as a % of net assets employed will (a) increase/decrease as an asset gets older and its book value (b) increases/reduces. This could therefore create an (c) incentive/disincentive to investment centre managers to reinvest in new or replacement assets.
An investment centre with capital employed of $570,000 is budgeted to earn a profit of $119,700 next year. A proposed fixed asset investment of $50,000, not included in the budget at present, will earn a profit next year of $8,500 after depreciation. The company's cost of capital is 15%. What is the budgeted ROI and residual income for next year, both with and without the investment?
ROI Residual income
Without investment ……………….. ………………..
With investment ……………….. ………………..