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NEW QUESTION: 1
LM and JK operate in the same country and prepare their financial statements to 30 June 20X6 in accordance with International Accounting Standards. On 27 June 20X6 both entities raised $1 million cash by issuing debt instruments with identical terms and conditions. Prior to this issue both entities were financed entirely by equity.
At 30 June 20X6 the gearing ratios, calculated as Debt/Equity x 100%, were as follows:
LM: 30%
JK: 65%
Which of the following independent options would explain the difference between LM and JK's year-end gearing?
A. LM had 100,000 $1 shares at the year end; JK had 200,000 50c shares in issue at the year end.
B. LM made a bonus issue from retained earnings in the year; JK issued no shares in the year.
C. LM revalued its land and buildings upwards in the year; JK has performed no revaluations.
D. LM held no investments in other entities; JK revalued its available for sale investments upwards in the year.
Answer: C
NEW QUESTION: 2
Section A (1 Mark)
Which of the following might be used as a factor in an APT factor model?
A. The risk-free rate
B. Unanticipated deviations from expected inflation
C. Loss by fire at a company's manufacturing plant
D. Expected inflation
Answer: B
NEW QUESTION: 3
DRAG DROP
You are using Microsoft Test Manager (MTM) to manage your testing efforts.
You need to produce a list of manual test runs over the past week.
What should you do? (To answer, move the three appropriate actions from the list of
actions to the answer area and arrange them in the correct order.)
Answer:
Explanation:
NEW QUESTION: 4
A. Option D
B. Option C
C. Option A
D. Option B
Answer: A
Explanation:
Explanation
A rogue access point is when a wireless access point is located on a network without the administrator being awareof it. Therefore, if the device was not installed by the networking team, the administrator would not know about it being there.