Economics, Accounting & Business: Post your doubts here!

[shehri]

Guys please tell me how to calculate share holders quity/ shareholders funds.

Please otherwise im going to lose a mark if this comes X/ and if anyone has the formula sheets for accounts, can you link them to me.

SHARE HOLDERS >_> equityy.
http://papers.xtremepapers.com/CIE/...AS Level/Accounting (9706)/9706_s12_qp_13.pdf
question 16

http://maxpapers.com/syllabus-materials/accounting-9706/attachment/9706_s13_qp_11/
question 24

 

[MaffinShinigami]

for 2011
cost of sales,981 is given
so 981=227+X-441 where x is purchases, all purchases are on credit
so purchases=1195
payables is 347
347/1195 * 365 =106 days , which is not the answer wth? :/

I got the same answer too. Maybe the mark scheme is wrong. Did they use the cost of sales figure to calculate for 2010 just because the opening inventory for 2010 was not given?? Thank you for all your help!!

 

[CЯeScɘnt]

even i tink its C .. btw check this may/june 2003 similar question - this case CIE got it correct
View attachment 40973

yeh i havedone this paper n thtas why i gave C,so why both of them are clashing?

 

[AlphaBeta]

yeh i havedone this paper n thtas why i gave C,so why both of them are clashing?

CIE gone nuts .. Am not sure ... maybe somtng had been changed or somtng ,, dat was 2003 and this 2009 not sure

 

[David Hussey]

I got the same answer too. Maybe the mark scheme is wrong. Did they use the cost of sales figure to calculate for 2010 just because the opening inventory for 2010 was not given?? Thank you for all your help!!

i guess mark scheme is wrong, np

 

[David Hussey]

Guys please tell me how to calculate share holders quity/ shareholders funds.

Please otherwise im going to lose a mark if this comes X/ and if anyone has the formula sheets for accounts, can you link them to me.

SHARE HOLDERS >_> equityy.
http://papers.xtremepapers.com/CIE/Cambridge International A and AS Level/Accounting (9706)/9706_s12_qp_13.pdf
question 16

http://maxpapers.com/syllabus-materials/accounting-9706/attachment/9706_s13_qp_11/
question 24

http://cie.org.uk/programmes-and-qu...international-as-and-a-level-accounting-9706/
download 2014 syllabus
formulas are availabe

 

[CЯeScɘnt]

CIE gone nuts .. Am not sure ... maybe somtng had been changed or somtng ,, dat was 2003 and this 2009 not sure

agree!

 

[CЯeScɘnt]

Guys please tell me how to calculate share holders quity/ shareholders funds.

Please otherwise im going to lose a mark if this comes X/ and if anyone has the formula sheets for accounts, can you link them to me.

SHARE HOLDERS >_> equityy.
http://papers.xtremepapers.com/CIE/Cambridge International A and AS Level/Accounting (9706)/9706_s12_qp_13.pdf
question 16

http://maxpapers.com/syllabus-materials/accounting-9706/attachment/9706_s13_qp_11/
question 24

http://papers.xtremepapers.com/CIE/...9706)/9706_y14_sy.pdf#page=23&zoom=auto,0,820
formulas n give me question no of those pepers

 

[mmmmmm]

No, i am getting 40.

r u getting 50 as CRR?

 

[CЯeScɘnt]

Guys please tell me how to calculate share holders quity/ shareholders funds.

Please otherwise im going to lose a mark if this comes X/ and if anyone has the formula sheets for accounts, can you link them to me.

SHARE HOLDERS >_> equityy.
http://papers.xtremepapers.com/CIE/Cambridge International A and AS Level/Accounting (9706)/9706_s12_qp_13.pdf
question 16

http://maxpapers.com/syllabus-materials/accounting-9706/attachment/9706_s13_qp_11/
question 24

shareholders funds include ordinary share capital+reserves

 

[David Hussey]

No, i am getting 40.

sorry my bad
answer is 40
markscheme is wrong
how many mistakes are CIE making?

 

[shehri]

I Love you guys <3, thanks. Anyone got good revision notes for accounts?

 

[:: A^]

What is the formula for Ordinary Shareholders funds?
Edit: FOUND IT: Issued Ordinary Shares + Reserves

 

[AlphaBeta]

Why dont we include Pref shares ? is it somtng like creditors but for net Assets we still include pref shares
Btw answer is C
2011 oct/nov ppr 11

 

[David Hussey]

View attachment 41031
Why dont we include Pref shares ? is it somtng like creditors but for net Assets we still include pref shares
Btw answer is C
2011 oct/nov ppr 11

it says value of ordinary shares, so dont take pref shares
so everything that belongs to ordinary shareholder is only taken and divided by 100000
50000+10000+20000+35000/100000=1.15
ans is c

 

[AlphaBeta]

it says value of ordinary shares, so dont take pref shares
so everything that belongs to ordinary shareholder is only taken and divided by 100000
50000+10000+20000+35000/100000=1.15
ans is c

examiners report says net asset value -_-

q18

 

[David Hussey]

examiners report says net asset value -_-
View attachment 41033
q18

they are retarded man, i sometimes dont get what half of cie examiner report says

 

[AlphaBeta]

they are retarded man, i sometimes dont get what half of cie examiner report says

ya true..... some of the examiners reports are messed up
Screw CIE

 

[David Hussey]

in paper 4 accounts
if they ask us for ratio question like trade receivables collection period and havent mentioned about rounding off? what to do?
for example? i get 16.215 answer should be 17 right?

 

[AlphaBeta]

in paper 4 accounts
if they ask us for ratio question like trade receivables collection period and havent mentioned about rounding off? what to do?
for example? i get 16.215 answer should be 17 right?

put the actual with decimal 1 and then put nearest day and the rounded off value