Questions from General Accounting

Q: The market performance ratios for Unicycle Ltd are presented next. Calculate

The market performance ratios for Unicycle Ltd are presented next. Calculate the entity’s dividend payout ratio, interpret the ratio and explain why an investor would be interested i...

Q: Items of income and expenses may be included in the statement of

Items of income and expenses may be included in the statement of profit or loss only if they can be measured with certainty. Discuss.

Q: It is important for businesses to have efficient processes and systems in

It is important for businesses to have efficient processes and systems in place for collecting monies from debtors. The business and industry portal of the Queensland government (www.business.qld.gov....

Q: You have been given the following information regarding an entity. One

You have been given the following information regarding an entity. One of your friends is interested in investing in it. Help your friend by calculating some cash-based ratios, explaining what the rat...

Q: Fit and Fantastic Ltd produces and sells a range of fitness equipment

Fit and Fantastic Ltd produces and sells a range of fitness equipment. Its capital expenditure for the current year for new plant was $600 000 and dividends paid were $80 000. Current liabilities and...

Q: The statement of profit or loss figures for the past five years

The statement of profit or loss figures for the past five years for Victorian Manor are presented below. Using the information: (a) Prepare a trend analysis and comment on the trends (b) Prepare a ver...

Q: Summary information from the 2021 statement of profit or loss of Coconut

Summary information from the 2021 statement of profit or loss of Coconut Plantations Pty Ltd is provided below. Sales revenue ………â...

Q: Users are interested in an entity’s future profitability, asset efficiency,

Users are interested in an entity’s future profitability, asset efficiency, liquidity and capital structure. Describe the ratios that would be of interest to users and the purpose of computing these r...

Q: Read the following quote and discuss what you think Fridson and Fernando

Read the following quote and discuss what you think Fridson and Fernando (2002) mean by ‘passively calculating standard ratios’. Corporations have substantial incentives to exploit the fact that accou...

Q: Visit the Yahoo! Finance website (http://au.finance

Visit the Yahoo! Finance website (http://au.finance.yahoo.com) and call up information on JB Hi-Fi Ltd (symbol: JBH.AX). (a) Identify JB Hi-Fi Ltd’s current share price (day 1), the previous day’s sha...