Multiple Choice
Extracts from the common size analysis for Denton Products Limited over a three-year period are as follows: Statement of financial position elements are expressed in terms of total assets which were as follows:
20X3 £663 700
20X4 £675 300
20X5 £681 400
Which of the following statements are correct?
A.The non-current assets figure in £s has increased slightly over the period covered by the analysis.
B. The long-term borrowings figure in £s has increased slightly over the period covered by the analysis.
A) Both of them
B) B only
C) A only
D) Neither of them
Correct Answer:

Verified
Correct Answer:
Verified
Q1: Day & Co's trade payables increased by
Q2: Which two of the following useful characteristics
Q3: Trev's revenue for 20X6 was £346 410,
Q5: Ainul's business had the following trade receivables
Q6: Extracts from the 20X3 and 20X4 accounts
Q7: AB Limited reports revenue of £752 200
Q8: Saleema's business had the following current assets
Q9: Which one of the following statements describes
Q10: Pixley Potter Limited has the following results
Q11: Carnforth Amberly, a professional partnership, has the