Accounting > AQA QUESTION and MARK SCHEMES > C214 OA exam 2022(100%pass) (All)
13. An analyst is comparing the ratios of two firms and needs to address accounting differences. What would be considered an accounting difference between the two firms? What is the company’s curre ... nt ratio? 15. Firms A and B are in the same industry. For the year 2013, Firm A has a gross margin of .45 and Firm B has a gross margin of .36. Which conclusion would an analyst draw when comparing Firm A to Firm B? 18. A doctor will receive $9,000 per year (at the end of the year) for 10 years. The annual interest earned on the investment is 6%. What is the present value of this doctor’s investment? 19. A banker wants to retire 20 years from today and would like to have an annual income of $300,000 withdrawn at the end of each year 10 years starting in exactly 20 years. The discount rate is 6%. What is the present value, today? [Show More]
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