Accounting 9706 · AS & A Level · Analysis and communication of accounting information

Analysis and communication of accounting information — practice question

See Source A4 in the insert.
(a)[3]

Explain in what way the use of ratios may be helpful when analysing accounting data.

(b(i))[2]

Calculate, to two decimal places, the income gearing ratio for TC plc.

(b(ii))[1]

State what this ratio indicates to an investor about the company’s risk.

(b(iii))[1]

Name one further ratio that measures the link between fixed cost capital and total capital.

(c(i))[2]

Calculate, to two decimal places, TC plc’s dividend cover.

(c(ii))[1]

State what this ratio reveals to an investor about the company’s scope for capital growth.

(d(i))[2]

Calculate, to two decimal places, TC plc’s dividend yield.

(d(ii))[1]

State what this ratio indicates to an investor who wants income.

(e)[3]

Name and calculate the ratio that shows the profit attributable to each ordinary share.

(f)[4]

Name and calculate, to two decimal places, the ratio that reflects investors’ confidence in the future of the business.

(g)[5]

Advise Fred on whether he ought to follow his brother’s advice. Support your answer.

Worked solution & mark scheme

This 25-mark question has a full step-by-step worked solution and mark scheme. One marking point: Absolute figures are not useful on their own

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