快速查题-ACCA英国注册会计师试题

The following question is taken from the June 2012 exam paper.An investor has the choice between two investments. Investment Exe offers interest of 4% per year compounded semi-annually for a period of three years. Investment Wye offers one interest payment of 20% at the end of its four-year life.What is the annual effective interest rate offered by the two investments?

The following question is taken from the June 2013 exam paper.A project has an initial outflow of $12,000 followed by six equal annual cash inflows, commencing in oneyear’s time. The payback period is exactly four years. Thec ost of capital is 12% per year.What is the project’s net present value (to the nearest $)?

Which graph shows best the relationship between production levels and overhead costs for L Co?

Further analysis has shown that there is a price index applicable to the overhead costs:

                                                  Production level (units)                          Overhead costs ($)                   Index

January                                                     10                                                     3,352                               100

February                                                  10.5                                                   3,479                                101

March                                                        12                                                     3,860                               102

April                                                           9                                                       3,098                               104

May                                                           9.5                                                    3,225                                105

June                                                        10.25                                                   3,416                                106

Required:   

Using high low analysis, calculate the variable cost per unit in June’s prices.

Within time series analysis, which TWO of the following are concerned with long term movements/fluctuations in variables?

Which one of the following options about the Paasche and Laspeyre indices is correct?

Paasche index                                                                                             Laspeyre index

                                                                                                              Uses base data to weight the index

                                                                                                              Uses base data to weight the index

                                                                                                              Uses current data to weight the index

                                                                                                              Uses current data to weight the index

A capital investment project has an initial investment followed by constant annual returns.How is the payback period calculated?

A machine has an investment cost of $60,000 at time 0. The present values (at time 0) of the expected net cash inflows from the machine over its useful life are：

Discount rate             Present value of cash inflows

10%                                        $64,600

15%                                        $58,200

20%                                       $52,100

What is the internal rate of return (IRR) of the machine investment?