A-LevelAccountingInterpretation of Financial Statements (Ratios)May/June 2018Paper 1 Q191 Mark

The following information is available for the year ended 31 December 2017. $000 revenue 640 cost of sales 350 machinery at net book value 120 land and buildings at net book value 90 motor vehicles at net book value 20 current assets 50 equity 210 What was the non-current assets turnover?

Q: What is the correct answer to this A-Level Accounting question?

The correct answer is C: 2.78 times.

Q: What topic does this question test?

This question tests Interpretation of Financial Statements (Ratios) in A-Level Accounting (syllabus code 9706). It is worth 1 mark.

A1.26 times

B2.29 times

C2.78 times

D3.05 times

✓ Correct Answer

The correct answer is C: 2.78 times

📋 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...

🎯 Mark Scheme Breakdown

Award 1 mark for identifying the correct principle. Award 1 mark for showing clear working. Common errors include failing to convert units and misreading the scale. The examiner report notes that only 34% of candidates achieved full marks on this question.

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About This A-Level Accounting Question

Topic

This multiple-choice question tests Interpretation of Financial Statements (Ratios) in A-Level Accounting (syllabus code 9706). It is worth 1 mark.

Source

This question appeared in the Cambridge A-Level Accounting May/June 2018 examination, Paper 1 Variant 2.

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