Question
Refer to attached photo. What was the percentage increase in revenue between 2014 and 2013? a)...
Refer to attached photo.
What was the percentage increase in revenue between 2014 and 2013?
a) 15.38%
b) 13.33%
c) 14.28%
d) 12.5%
Extracts from the financial statements of Aberlady plc's latest annual report are given below: 2014 2013 000.3 90.30 1,500 1,300 Revenue 700 800 Cost of sales 700 600 Gross Profit 250 300 Operating Expenses 350 400 Operating profit 50 80 Finance charges 300 320 Profit before taxation 65 70 Taxation 235 250 Profit for year 1000 1200 Ordinary share capital (50p) 40 60 Share premium Account 1100 1350 Retained profits 2140 2610
Answers
Revenue in 2013 = 1,300,000
Revenue in 2014 = 1,500,000
Increase in revenue = Revenue in 2014 - Revenue in 2013
= 1,500,000 - 1,300,000
= 200,000
Percentage increase in revenue = Increase in revenue/Revenue in 2013
= 200,000/1,300,000
= 15.38%
Percentage increase in revenue between 2014 and 2013 = 15.38%
Correct option is (a)
kindly give a positive rating if you are satisfied with the solution. Please ask if you have any query related to the question, Thanks.
Similar Solved Questions
1 answers
What is #lim_(x->pi//4) (2 - tanx)^(1/(ln(tanx)))#?
What is #lim_(x->pi//4) (2 - tanx)^(1/(ln(tanx)))#?...
1 answers
2- Solve the eauation on the interval [0, 211) asino-sino-120 80) solve the equation on the...
2- Solve the eauation on the interval [0, 211) asino-sino-120 80) solve the equation on the 13 interval [0, 27) Sin (2012- ey, Give a general formula for all the solutions 7sino-5z2sino Q8 solve the equation. Give a general formillia for all the solution 2sinx-Vizo Find all Solutions of the equat Q7...
1 answers
Coronado Industries is contemplating the replacement of an old machine with a new one. The following...
Coronado Industries is contemplating the replacement of an old machine with a new one. The following information has been gathered: Old Machine New Machine Price $400000 $800000 Accumulated Depreciation 120000 -0- Remaining useful life 10 years -0- Useful life -0- 10 years Annual ...
1 answers
1) Kenneth Clark is considering an investment that pays 6.10 percent, compounded annually. How much will...
1) Kenneth Clark is considering an investment that pays 6.10 percent, compounded annually. How much will he have to invest today so that the investment will be worth $28,000 in six years? 2) Find the present value of $4,100 under each of the following rates and periods: a. 8.9 percent compounded mon...
1 answers
Ming Chen began a professional practice on June 1 and plans to prepare financial statements at...
Ming Chen began a professional practice on June 1 and plans to prepare financial statements at the end of each month. During June, Ming Chen (the owner) completed these transactions. a. Owner invested $60,000 cash in the company along with eguipment that had a $15,000 market value in exchange for it...
1 answers
A proton and an electron enter a uniform magnetic field. The velocity vector of each particle...
A proton and an electron enter a uniform magnetic field. The velocity vector of each particle is perpendicular to the magnetic field. If their circular orbits have the same radii, what is the ratio of their speeds (Velectron/Vproton)? 5.5E-4 0.5 1.0 4.0 1800...
1 answers
The following is the balance sheet of Korver Supply Company at December 31, 2020 (prior year)....
The following is the balance sheet of Korver Supply Company at December 31, 2020 (prior year). KORVER SUPPLY COMPANY Balance Sheet At December 31, 2020 Assets Cash Accounts receivable Inventory Furniture and fixtures (net) $ 105,000 210,000 160,000 125,000 $600,000 Total assets Liabilities and Sha...
1 answers
Financial data for Beaker Company for last year appear below: Beaker Company Statements of Financial Position...
Financial data for Beaker Company for last year appear below: Beaker Company Statements of Financial Position Beginning Balance Ending Balance Assets: Cash $ 263,000 $ Accounts receivable 126,000 31,164 215,000 266,000 473,000 255,000 466,000 Inventory Plant and equipment (net) Investment in Cedar C...
1 answers
(10) Extra Credit Provide reasonable product structures for each of the following reactions. Pay attention to...
(10) Extra Credit Provide reasonable product structures for each of the following reactions. Pay attention to stereochemistry and regioselectivity, whenever it is important. BOH) Pd(PPh), (cat) 1. LDA 2. Claisen Rearrangment 3. CH CH Br ноХХХон...
1 answers
Find the specified area either to the left of z=-1.75 or to the right of z=3.00
Find the specified area either to the left of z=-1.75 or to the right of z=3.00...
1 answers
Problem 15.79 20 of 36 Review Constants Periodic Table For the equilibrium 21B7(9) = 1:(9) +...
Problem 15.79 20 of 36 Review Constants Periodic Table For the equilibrium 21B7(9) = 1:(9) + Bre(9) K = 8.5 x 10- at 150°C. Part A if 2.9x10- atm of IBr is placed in a 2.0-L container, what is the partial pressure of IBr after equilibrium is reached? Express your answer to two significant figure...
1 answers
If the quantum state of an electron is specified by (n, l, me, mz), estimate the...
If the quantum state of an electron is specified by (n, l, me, mz), estimate the energy difference between the states (1, 0, 0, – ) and (1, 0, 0, +) of an electron in the 1 s state of helium in an external magnetic field of 2.5 T. Express your answer using two significant figures. Ο&Io...
1 answers
4.13. Generalize Exercise 1.2.5 to obtain say that C1,Ca, ,Ck are independent events that have respective...
4.13. Generalize Exercise 1.2.5 to obtain say that C1,Ca, ,Ck are independent events that have respective probabilities Pi,P. Pk Argue that the probability of at least one of C1, C2, , Ck is equal to 1-(1-P)(1-pa)(1-P) -p1) (1- p2):.....
1 answers
1- Below figure a rod of AB by the length of 6.0 m and mass of...
1- Below figure a rod of AB by the length of 6.0 m and mass of 20.0 kg is hinged at one end and the other end is attached to a cord and cord to the wall. A mass of 60.0 kg is at 2.0 meter from the hinge and another mass with 80 kg is at 5.0 meter from hinge. At this situation find amount of tension ...
1 answers
A transformer is feeding a street light. on the secondarily of transformer is a fuse holder...
a transformer is feeding a street light. on the secondarily of transformer is a fuse holder with a 10A fuse and also on bottom of street pole there is another 10A fuse.. the light went out and i found a fuse by transformer blown. im cunfuse why the first one by the light did not blow but the one by ...