A-LevelAccountingAnalysis and InterpretationOct/Nov 2014Paper 1 Q201 Mark
The following financial information is available. $ trade payables 10000 bank overdraft 4400 trade receivables 20000 other receivables 600 other payables 1600 non-current liabilities 5000 The business has a current ratio of 2.5:1. What is the value of inventory?
A$15900
B$16900
C$19400
D$31900
✓ Correct Answer
The correct answer is C. This question tests the candidate's understanding of analysis and interpretation 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