DP Business Management Questionbank

Define the term current assets.

Using Table 1, calculate Fishers’s net profit before interest and tax for 2017 (show all your working).

Using Table 2, calculate the following forecasted figures for 2018:

net profit after interest and tax.

Explain why Fishers experiences a significant increase in current assets and current liabilities from March to October.

Construct a fully labelled balance sheet for VT for the end of 2017.

(b) Using Table 1, calculate for PI:

(i) gross profit (X);

(ii) tax (Y).

(c) Using Table 1 and your calculations in (i) and (ii), construct a profit and loss account for PI.

Calculate net current assets (working capital) for DH for 2016 and 2017.

Define the term debtors.

Using information from Table 1 construct a fully labelled balance sheet for Papel for the end of October 2018.

Define the term retained profit.

Using the information provided and in Table 1, calculating X and Y, construct a profit and loss account for Enjuice.

Based on a target of 160 000 for the first year of production at Detox, calculate the gross profit generated by Detox.

Define the term retained profit.

Using Table 2, calculate X (no working required).

Using Table 2, prepare a balance sheet for the year ending 31 December 2019.

Explain the possible changes to KPJ’s balance sheet for 2019 if KPJ spent $30 000 on a new digital projector.

Calculate, for 2019, NS 507’s net profit before interest and tax (no working required).

Using information in Table 1, for JJ, prepare a profit and loss account for the budgeted figures and the actual figures
(show all your working).

Calculating X and Y in Table 3, prepare a profit and loss account for WC for 2022 (show all your working).

Construct a fully labelled balance sheet for RE as of 31 December 2021.