A-LevelAccountingAnalysis and Interpretation of Financial Statements / RatiosOct/Nov 2018Paper 1 Q201 Mark
A company's income statement shows the following. revenue $460 000 cost of sales $120000 administration expenses $54000 distribution costs $47000 finance charges $7000 What is the operating expenses to revenue ratio?
A21.96%
B23.48%
C48.04%
D49.57%
✓ Correct Answer
The correct answer is A. This question tests the candidate's understanding of analysis and interpretation of financial statements / ratios within the Accountingsyllabus. The examiner's mark scheme requires...
📋 Examiner Report & Trap Analysis
Common mistake: 62% of candidates selected the distractor because they confused... The examiner specifically designed this question to test whether students can differentiate between... To secure full marks, candidates must demonstrate...
🔒
Unlock the Examiner's Answer
Sign up for free to reveal the correct answer, the official mark scheme breakdown, and the examiner trap analysis for this question.
Sign Up Free to Unlock →Join thousands of Cambridge students already using Oracle Prep