Questions from General Accounting


Q: A division reports divisional margin/profit of $180 000,

A division reports divisional margin/profit of $180 000, residual income of $36 000 and investment for the period of $1 440 000. What is the minimum return being required by management?

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Q: A division has profit of $20 250, sales of $

A division has profit of $20 250, sales of $247 500 and an investment base of $112 500. If the required charge for capital is 20 per cent, determine the: (a) Profit margin (b) Asset turnover (c) Retur...

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Q: A segment of Canine Holdings reports sales of $280 000 and

A segment of Canine Holdings reports sales of $280 000 and a profit of $60 000. The data below also relate to this segment of Canine Holdings. Total assets ………………….………………………… $650 000 Accumulated depr...

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Q: For each of the five perspectives of the balanced scorecard, list

For each of the five perspectives of the balanced scorecard, list two possible objectives, a measure and a driver. Arrange your answer as follows.

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Q: One common objective is quality. Listed below are businesses that regard

One common objective is quality. Listed below are businesses that regard quality as a strategic objective. For each business, list two performance measures that could help capture the strategic object...

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Q: A family business has built a chain of coffee shops. The

A family business has built a chain of coffee shops. The basic underlying principles of the chain, which has helped it to grow, are cost effectiveness, quality of service and product innovation. Deter...

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Q: The data below have missing values. Determine the missing values indicated

The data below have missing values. Determine the missing values indicated by the letters (a) to (i).

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Q: Select a company in your region and search its website for its

Select a company in your region and search its website for its mission statement. Investigate the information on the website to discover what factors drive the company’s success and any related inform...

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Q: Refer to the company you selected in exercise 14.33 and

Refer to the company you selected in exercise 14.33 and investigate the environmental and social information it provides. This may be in its annual report, in its CSR report or on its website. What ar...

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Q: What are the terms used interchangeably for a business unit? What

What are the terms used interchangeably for a business unit? What is the responsibility of the manager of the business unit?

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