Denise Harper
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Acca f9 Quiz on F9 - Financial Management - Must know Formulae, created by Denise Harper on 14/09/2014.

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Denise Harper
Created by Denise Harper over 9 years ago
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F9 - Financial Management - Must know Formulae

Question 1 of 16

1

How do you calculate ROCE ?

Select one or more of the following:

  • PBIT ÷ Capital Employed

  • PBIT÷ Revenue x Revenue ÷ Capital Employed

  • Profit Margin x Asset Turnover

Explanation

Question 2 of 16

1

Which of the following debt ratios represent gearing ?

Select one or more of the following:

  • Debt ÷ Equity

  • Debt ÷ (Debt + Equity)

  • Prior charge Capital ÷ Equity Capital (inc. reserves)

  • PBIT ÷ Interest

Explanation

Question 3 of 16

1

Which of the following are liquidity ratio's ?

Select one or more of the following:

  • Current Assets/ current liabilities= Current Ratio

  • ( Current Assets- Inventory) / Current Liabilities

  • Inventory / stock

  • Payables / Purchases

Explanation

Question 4 of 16

1

How do you calculate dividend Yield?

Select one or more of the following:

  • (Dividend per Share / Market share Price ) X 100

  • (Market Share Price / Dividend Per Share ) X 100

  • Profits distributable to ordinary Shareholders / Number of Ordinary Shares Issued

Explanation

Question 5 of 16

1

Price earnings ( P/ E ) Ratio = Market Price per share ÷ EPS , IS the ratio correct ?

Select one of the following:

  • True
  • False

Explanation

Question 6 of 16

1

Earnings per Share = Profits distributable to ordinary Shareholders ÷ Number of ordinary Shares issued , is this ratio Correct?

Select one of the following:

  • True
  • False

Explanation

Question 7 of 16

1

Accounts Receivable days = ( Receivables ÷ Credit Sales ) x 365 days , is this correct?

Select one of the following:

  • True
  • False

Explanation

Question 8 of 16

1

Which of the following can be used to Calculate Inventory days?

Select one or more of the following:

  • Finished Good = ( Finished goods ÷ cost of Sales ) x 365 days

  • WIP = ( Average WIP÷ Cost of Sales ) x 365 days

  • Raw Material : ( Average raw material inventory ÷ Annual raw material purchases ) x 365 days

  • (Finished Goods + WIP +Raw material) ÷ Cost of Sales x 365 days

Explanation

Question 9 of 16

1

Account Payables Period = ( Payables ÷ Credit Purchases or Cost of sales ) x 365 days

Select one of the following:

  • True
  • False

Explanation

Question 10 of 16

1

lRR= a+ NPVA ÷( NPVa - NPVb) x ( b-a) , is this Correct?

Select one of the following:

  • True
  • False

Explanation

Question 11 of 16

1

Equivalent Annual Cost = PV of cost over one replacement cycle ÷ Annuity factor for the number of years in the cycle

Select one of the following:

  • True
  • False

Explanation

Question 12 of 16

1

Cost of Equity = Ke = ( D1 ÷ P0) + g

Select one of the following:

  • True
  • False

Explanation

Question 13 of 16

1

Cost of Debt = Kd = i( 1 - t ) ÷ p 0

Select one of the following:

  • True
  • False

Explanation

Question 14 of 16

1

Cost of Preference Shares = Kpref = Preference dividend ÷ Market Value ( ex div ) = d ÷ P0

Select one of the following:

  • True
  • False

Explanation

Question 15 of 16

1

Profitability Inder= PV of cash flows ( not inc - capital Investment ) ÷ Capital Investment

Select one of the following:

  • True
  • False

Explanation

Question 16 of 16

1

Do You Need to Restart

Select one of the following:

  • True
  • False

Explanation