At 30 April 2010, the net assets of Barangia Co had a book value of $22,500,000 and an economic value of $29,900,000. The company's weighted average cost of capital is estimated to be 16% per annum, and finance can currently be obtained at a rate of 14% per annum.
Net operatingprofitafter tax (NOPAT) has been calculated at $4,851,200.
What is the economic value added (EVA) for the company for the year to 30 April 2010?
A. $805,200
B. $67,200
C. $1,701,200
D. $1,251,200
正解:B
質問 2:
Which of the following statements about divisionalizationis/are correct?
(i)
Divisionalizationleads to head office managers having reduced control over operational decisions in an operating unit.
(ii)
Achieving corporate goals will be the only factor considered by divisional managers when they are making decisions.
(iii)
Divisionalizationallows operating decisions to reflect the local conditions of an operating unit.
A. (i) and (ii) only
B. (i) and (iii) only
C. (ii) and (iii) only
D. (i), (ii) and (iii)
正解:B
質問 3:
Which of the following statements about transfer pricing is correct?
A. The transfer price should promote goal congruence
B. The transfer price will not affect divisional profits
C. The market price will always be the most appropriate transfer price
D. Head office managers should never be involved in transfer pricing decisions
正解:A
質問 4:
The sales budget of Cambri Co includes the following sales volumes for one of the company's products:
July150,900 units
August144,800 units
September164,800 units
The sales director estimates that 10% of customers will pay in the month of sale, with 70% paying in the following month.
The remaining customers will take a further month's credit. All sales will be at $5.50 per unit, with customers paying in the month of sale obtaining a 10% settlement discount.
What is the budgeted value of cash received from customers in September for sales of this product?
A. $814,110
B. $805,046
C. $758,362
D. $749,298
正解:B
質問 5:
Which of the following statements about approaches to pricing is correct?
A. Penetration pricing is appropriate when there are similar competing products.
B. Penetration pricing involves setting a high price on initial entry to a market.
C. Price skimming involves setting a low price on initial entry to a market.
D. Cost-plus pricing contracts take account of anticipated demand for the product.
正解:A
質問 6:
Hui is responsible for all aspects of performance of the retail outlet which she manages, with the exception of investment.
All investment decisions are made by the head office management team.
What type of responsibility centre is Hui accountable for?
A. Investment centre
B. Revenue centre
C. Profit centre
D. Cost centre
正解:C
質問 7:
Which of the following statements about transfer pricing is/are correct?
i) Using transfer pricing allows divisional managers to act with total autonomy in setting prices.
ii) Market based transfer prices are always the most appropriate basis for setting transfer prices.
A. (ii) only
B. neither (i) nor (ii)
C. both (i) and (ii)
D. (i) only
正解:B
二宫** -
早速読みましたが、MA専門用語にパニックになりかけた頭に優しい丁寧な解説なのでするすると覚えられます。