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1 Art revalued some of its plant by £15,000. There was no change to the asset life. The plant originally cost £50,000 and was halfway through its 10-year life before the revaluation. Calculate the revised depreciation charge. A) £8,000 £5,000 £4,000 None of these 2 Red acquired Blue when the latter company's net assets were £120,000. Some of the target's plant had been revalued. If Red paid £148,000 and minority interests (20%) at that time were £32,000, calculate the plant revaluation. A) ABCD £12,000 £18,000 £40,000 D) None of these 3 Old's pretax profit was £66,000 this year. Current Liabilities were £28,000 and the company has no debt. If net assets were £440,000, Return on Capital Employed will be nearest A) 06% B) 10% C) 15% D) None of these 4 Leo's plant had cost £52,000 when new and is halfway through its 10-year life when it is damaged. Post-impairment, remaining life will be 4 years with a value-in-use of £24,000. Calculate net book value one year after the damage. ABOD 12,500 18,000 40,000 None of these

1 Art revalued some of its plant by £15,000. There was no change to the asset life. The plant originally cost £50,000 and was halfway through its 10-year life before the revaluation. Calculate the revised depreciation charge. A) £8,000 £5,000 £4,000 None of these 2 Red acquired Blue when the latter company's net assets were £120,000. Some of the target's plant had been revalued. If Red paid £148,000 and minority interests (20%) at that time were £32,000, calculate the plant revaluation. A) ABCD £12,000 £18,000 £40,000 D) None of these 3 Old's pretax profit was £66,000 this year. Current Liabilities were £28,000 and the company has no debt. If net assets were £440,000, Return on Capital Employed will be nearest A) 06% B) 10% C) 15% D) None of these 4 Leo's plant had cost £52,000 when new and is halfway through its 10-year life when it is damaged. Post-impairment, remaining life will be 4 years with a value-in-use of £24,000. Calculate net book value one year after the damage. ABOD 12,500 18,000 40,000 None of these

Essentials Of Investments
Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
Section: Chapter Questions
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1 Art revalued some of its plant by £15,000. There was no change to the asset life. The plant originally cost £50,000 and was halfway through its 10-year life before the revaluation. Calculate the revised depreciation charge. A) £8,000 £5,000 £4,000 None of these 2 Red acquired Blue when the latter company's net assets were £120,000. Some of the target's plant had been revalued. If Red paid £148,000 and minority interests (20%) at that time were £32,000, calculate the plant revaluation. A) ABCD £12,000 £18,000 £40,000 D) None of these 3 Old's pretax profit was £66,000 this year. Current Liabilities were £28,000 and the company has no debt. If net assets were £440,000, Return on Capital Employed will be nearest A) 06% B) 10% C) 15% D) None of these 4 Leo's plant had cost £52,000 when new and is halfway through its 10-year life when it is damaged. Post-impairment, remaining life will be 4 years with a value-in-use of £24,000. Calculate net book value one year after the damage. ABOD 12,500 18,000 40,000 None of these
Transcribed Image Text:1 Art revalued some of its plant by £15,000. There was no change to the asset life. The plant originally cost £50,000 and was halfway through its 10-year life before the revaluation. Calculate the revised depreciation charge. A) £8,000 £5,000 £4,000 None of these 2 Red acquired Blue when the latter company's net assets were £120,000. Some of the target's plant had been revalued. If Red paid £148,000 and minority interests (20%) at that time were £32,000, calculate the plant revaluation. A) ABCD £12,000 £18,000 £40,000 D) None of these 3 Old's pretax profit was £66,000 this year. Current Liabilities were £28,000 and the company has no debt. If net assets were £440,000, Return on Capital Employed will be nearest A) 06% B) 10% C) 15% D) None of these 4 Leo's plant had cost £52,000 when new and is halfway through its 10-year life when it is damaged. Post-impairment, remaining life will be 4 years with a value-in-use of £24,000. Calculate net book value one year after the damage. ABOD 12,500 18,000 40,000 None of these
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