The following information is available for a limited company ordinary shares of

The following information is available for a limited

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17The following information is available for a limited company. ordinary shares of $0.50 each 200000 market price per share $2.50 dividend yield 10% 6% preference shares of $1 each 100000 10% debentures $40000 The company paid the maximum dividend possible from its profit for the year. What was the profit from operations? A$50000 B$54000 C$56000 D$60 000 18A company prepares its financial statements for the year ended 31 December 2014 and they are approved by the board of directors on 31 May 2015. Which event is non-adjusting?
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819A company has a profit for the financial year of $200000. After the date of the statement of financial position, the following occurred. a favourable adjusting event of $50000 a favourable non-adjusting event of $70000 a final dividend declared of $20000 What should the adjusted profit be under IAS10? © UCLES 2015 9706/31/O/N/15 000 20Which item is notan attributable amount that can be included in the cost of a non-current asset purchased? 21A company makes and sells a single product. The following data relates to the current year’s results. sales and production in units 2000 variable cost per unit $150 fixed cost per unit $80 contribution/sales ratio 50% profit for the year $140000 It is expected that the selling price next year will be $315 per unit and that total fixed costs will increase by 10%. How many units will need to be sold next year in order to achieve the same profit as in the current year? A1819 B1904 C1916 D 2006
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9 © UCLES 2015 9706/31/O/N/15 [Turn over22The following information relates to the production data for a process. details kilos $ finished units in kilos work in progress in kilos direct material 1000 3000 900 direct labour 3800 overheads 1900 The work in progress is fully complete in respect of direct materials and 50% complete in respect of direct labour and overheads. What is the value of the finished goods inventory? 100 $8700
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