Performance – Knowsia

FR – Nov 2014 – L2 – Q2b – Consolidated Financial Statements (IFRS 10)

Compute performance and investment ratios to evaluate financial performance.

Question

You are provided with the following set of amended published Financial Statements of HAMMED Plc for the year ended 31 December 2013:

Capital and Reserves Attributable to
equity shareholders:

Additional information:

The issued share capital of the company consists of 50k ordinary shares.
The market price of the ordinary shares was N17 at 31 December 2012 and N19.16 at 31 December 2013.
There were no preference shares and no loan notes.
The cost of purchases plus production cost was N124,966,000 in 2012 and N125,000,000 in 2013.
Other opening and closing balances:

Description	Closing 2013 (N’000)	Closing 2012 (N’000)	Opening 2012 (N’000)
PPE accumulated depreciation	37,046	129,540	122,288
Inventories	16,548	18,344	20,836
Trade receivables	40,486	37,160	35,678
Trade payables	9,604	12,882	11,412
Other taxes and social security	3,822	3,640	3,818
Accruals	30,740	27,810	27,680
Equity	129,888	121,364	106,274

Required:

i. Calculate performance (efficiency) and investment ratios for each of the two years as far as the available information permits. (10 Marks)

ii. Comment on the company’s financial performance for the year ended 31 December 2013 based on the ratios. (5 Marks)

Answer

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Tags: Financial Ratios, Financial Statements, Investment Ratios, Performance
Level: Level 2

Topic: Consolidated Financial Statements (IFRS 10)
Series: NOV 2014

BMF – Nov 2021 – L1 – SB – Q4A – Management, Individual, and Organisational Behaviour

Question discusses the five categories of management responsibilities as per Peter Drucker.

Question

State and explain FIVE categories of management’s responsibility as suggested by Peter Drucker.
(10 Marks)

Answer

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Tags: Development, Management Responsibility, Organizing, Performance, Peter Drucker
Level: Level 1

Topic: Management, Individual, and Organizational Behavior
Series: NOV 2021

CR – Nov 2018 – L3 – Q4 – Consolidated Financial Statements

Calculate key financial ratios for TGG and analyze its financial performance and cash flow based on the data provided for the year ended 30 September 2018.

Question

The Gandi Group (TGG) operates in the farming industry and has operated a number of 100% owned subsidiaries for many years. The Gandi group has its operations in the Brong-Ahafo Region of Ghana. Its financial statements for the last two years are shown below.

Additional Information:

TGG has become increasingly worried about two major areas in its business environment: reliance on large supermarkets (which demand long payment terms), and the increase in fuel prices, which raises the cost of distribution.
To address these concerns, TGG purchased 80% of Asida Ltd on 1 October 2017. This was TGG’s first acquisition of a subsidiary without owning 100% of it. Asida Ltd operates two luxury hotels in the Ashanti Region.
TGG raised finance by disposing of GH¢5.5 million in investments (with a GH¢2.25 million gain on disposal, included in administrative expenses) and by taking a GH¢10 million loan.
Asida Ltd opened a third hotel in Accra in March 2018. Initial reviews were poor, but feedback improved after the appointment of a new marketing director in May 2018.
Ratios for the year ended 30 September 2017:
- Gross profit margin: 59.1%
- Operating margin: 8.5%
- Return on capital employed: 7.4%
- Inventory turnover period: 60 days
- Receivables collection period: 83 days

Required: a) Prepare the equivalent ratios for the year ended 30 September 2018.
(5 marks)

b) Analyze the financial performance and cash flow of TGG for the year ended 30 September 2018, making specific reference to any concerns or expectations regarding future periods.
(10 marks)

Answer

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Tags: Analysis, Cash Flow, Consolidation, Financial Ratios, Performance
Level: Level 3

Topic: Consolidated Financial Statements
Series: NOV 2018

BCL – Nov 2016 – L1 – Q3c – Contract Law

State the means by which a contract may be discharged.

Question

State FOUR means by which a contract, lawfully entered by parties, may be discharged.

Answer

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Tags: Agreement, Breach, Contract Discharge, Frustration, Performance
Level: Level 1

Topic: Contract Law
Series: NOV 2016

BCL – Nov 2018 – L1 – Q7c – Contract Law

Describe two ways in which contracting parties can terminate their contract.

Question

Describe TWO (2) ways in which contracting parties can terminate their contract. (8 marks)

Answer

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Tags: Agreement, Breach, Contract Law, Contract Termination, Frustration, Performance
Level: Level 1

Topic: Contract Law
Series: NOV 2018

BMIS – Nov 2018 – L1 – Q2b – Organisation culture in business

Explain how organisational culture can positively and negatively influence its performance.

Question

The Management of InvestAfrica, which operates in the investment and risk management industry, has built a strong organisational culture that is now becoming a barrier to realising the company’s future aspirations, particularly since future developments may involve a merger with another company. Management of the company has determined that in order to ‘take the company to the next stage of its growth’ there will need to be significant changes in its internal operations and in the way staff work.

Required:
Explain how the organisational culture might positively and negatively influence its performance. (10 marks)

Answer

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Tags: Corporate Culture, Organisational Change, Organisational Culture, Performance
Level: Level 1

Topic: Organisation culture in business
Series: NOV 2018

FR – Nov 2014 – L2 – Q2b – Consolidated Financial Statements (IFRS 10)

Compute performance and investment ratios to evaluate financial performance.

Question

You are provided with the following set of amended published Financial Statements of HAMMED Plc for the year ended 31 December 2013:

Capital and Reserves Attributable to
equity shareholders:

Additional information:

The issued share capital of the company consists of 50k ordinary shares.
The market price of the ordinary shares was N17 at 31 December 2012 and N19.16 at 31 December 2013.
There were no preference shares and no loan notes.
The cost of purchases plus production cost was N124,966,000 in 2012 and N125,000,000 in 2013.
Other opening and closing balances:

Description	Closing 2013 (N’000)	Closing 2012 (N’000)	Opening 2012 (N’000)
PPE accumulated depreciation	37,046	129,540	122,288
Inventories	16,548	18,344	20,836
Trade receivables	40,486	37,160	35,678
Trade payables	9,604	12,882	11,412
Other taxes and social security	3,822	3,640	3,818
Accruals	30,740	27,810	27,680
Equity	129,888	121,364	106,274

Required:

i. Calculate performance (efficiency) and investment ratios for each of the two years as far as the available information permits. (10 Marks)

ii. Comment on the company’s financial performance for the year ended 31 December 2013 based on the ratios. (5 Marks)

Answer

Find Related Questions by Tags, levels, etc.

Tags: Financial Ratios, Financial Statements, Investment Ratios, Performance
Level: Level 2

Topic: Consolidated Financial Statements (IFRS 10)
Series: NOV 2014

BMF – Nov 2021 – L1 – SB – Q4A – Management, Individual, and Organisational Behaviour

Question discusses the five categories of management responsibilities as per Peter Drucker.

Question

State and explain FIVE categories of management’s responsibility as suggested by Peter Drucker.
(10 Marks)

Answer

Find Related Questions by Tags, levels, etc.

Tags: Development, Management Responsibility, Organizing, Performance, Peter Drucker
Level: Level 1

Topic: Management, Individual, and Organizational Behavior
Series: NOV 2021

CR – Nov 2018 – L3 – Q4 – Consolidated Financial Statements

Calculate key financial ratios for TGG and analyze its financial performance and cash flow based on the data provided for the year ended 30 September 2018.

Question

Additional Information:

TGG has become increasingly worried about two major areas in its business environment: reliance on large supermarkets (which demand long payment terms), and the increase in fuel prices, which raises the cost of distribution.
To address these concerns, TGG purchased 80% of Asida Ltd on 1 October 2017. This was TGG’s first acquisition of a subsidiary without owning 100% of it. Asida Ltd operates two luxury hotels in the Ashanti Region.
TGG raised finance by disposing of GH¢5.5 million in investments (with a GH¢2.25 million gain on disposal, included in administrative expenses) and by taking a GH¢10 million loan.
Asida Ltd opened a third hotel in Accra in March 2018. Initial reviews were poor, but feedback improved after the appointment of a new marketing director in May 2018.
Ratios for the year ended 30 September 2017:
- Gross profit margin: 59.1%
- Operating margin: 8.5%
- Return on capital employed: 7.4%
- Inventory turnover period: 60 days
- Receivables collection period: 83 days

Required: a) Prepare the equivalent ratios for the year ended 30 September 2018.
(5 marks)

b) Analyze the financial performance and cash flow of TGG for the year ended 30 September 2018, making specific reference to any concerns or expectations regarding future periods.
(10 marks)

Answer

Find Related Questions by Tags, levels, etc.

Tags: Analysis, Cash Flow, Consolidation, Financial Ratios, Performance
Level: Level 3

Topic: Consolidated Financial Statements
Series: NOV 2018

BCL – Nov 2016 – L1 – Q3c – Contract Law

State the means by which a contract may be discharged.

Question

State FOUR means by which a contract, lawfully entered by parties, may be discharged.

Answer

Find Related Questions by Tags, levels, etc.

Tags: Agreement, Breach, Contract Discharge, Frustration, Performance
Level: Level 1

Topic: Contract Law
Series: NOV 2016

BCL – Nov 2018 – L1 – Q7c – Contract Law

Describe two ways in which contracting parties can terminate their contract.

Question

Describe TWO (2) ways in which contracting parties can terminate their contract. (8 marks)

Answer

Find Related Questions by Tags, levels, etc.

Tags: Agreement, Breach, Contract Law, Contract Termination, Frustration, Performance
Level: Level 1

Topic: Contract Law
Series: NOV 2018

BMIS – Nov 2018 – L1 – Q2b – Organisation culture in business

Explain how organisational culture can positively and negatively influence its performance.

Question

Required:
Explain how the organisational culture might positively and negatively influence its performance. (10 marks)

Answer

Find Related Questions by Tags, levels, etc.

Tags: Corporate Culture, Organisational Change, Organisational Culture, Performance
Level: Level 1

Topic: Organisation culture in business
Series: NOV 2018

Question Tag: Performance

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FR – Nov 2014 – L2 – Q2b – Consolidated Financial Statements (IFRS 10)

Compute performance and investment ratios to evaluate financial performance.

BMF – Nov 2021 – L1 – SB – Q4A – Management, Individual, and Organisational Behaviour

Question discusses the five categories of management responsibilities as per Peter Drucker.

CR – Nov 2018 – L3 – Q4 – Consolidated Financial Statements

Calculate key financial ratios for TGG and analyze its financial performance and cash flow based on the data provided for the year ended 30 September 2018.

BCL – Nov 2016 – L1 – Q3c – Contract Law

State the means by which a contract may be discharged.

BCL – Nov 2018 – L1 – Q7c – Contract Law

Describe two ways in which contracting parties can terminate their contract.

BMIS – Nov 2018 – L1 – Q2b – Organisation culture in business

Explain how organisational culture can positively and negatively influence its performance.

FR – Nov 2014 – L2 – Q2b – Consolidated Financial Statements (IFRS 10)

Compute performance and investment ratios to evaluate financial performance.

BMF – Nov 2021 – L1 – SB – Q4A – Management, Individual, and Organisational Behaviour

Question discusses the five categories of management responsibilities as per Peter Drucker.

CR – Nov 2018 – L3 – Q4 – Consolidated Financial Statements

Calculate key financial ratios for TGG and analyze its financial performance and cash flow based on the data provided for the year ended 30 September 2018.

BCL – Nov 2016 – L1 – Q3c – Contract Law

State the means by which a contract may be discharged.

BCL – Nov 2018 – L1 – Q7c – Contract Law

Describe two ways in which contracting parties can terminate their contract.

BMIS – Nov 2018 – L1 – Q2b – Organisation culture in business

Explain how organisational culture can positively and negatively influence its performance.

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FR – Nov 2014 – L2 – Q2b – Consolidated Financial Statements (IFRS 10)

Compute performance and investment ratios to evaluate financial performance.

You're reporting an error for "FR – Nov 2014 – L2 – Q2b – Consolidated Financial Statements (IFRS 10)"

BMF – Nov 2021 – L1 – SB – Q4A – Management, Individual, and Organisational Behaviour

Question discusses the five categories of management responsibilities as per Peter Drucker.

You're reporting an error for "BMF – Nov 2021 – L1 – SB – Q4A – Management, Individual, and Organisational Behaviour"

CR – Nov 2018 – L3 – Q4 – Consolidated Financial Statements

Calculate key financial ratios for TGG and analyze its financial performance and cash flow based on the data provided for the year ended 30 September 2018.

You're reporting an error for "CR – Nov 2018 – L3 – Q4 – Consolidated Financial Statements"

BCL – Nov 2016 – L1 – Q3c – Contract Law

State the means by which a contract may be discharged.

You're reporting an error for "BCL – Nov 2016 – L1 – Q3c – Contract Law"

BCL – Nov 2018 – L1 – Q7c – Contract Law

Describe two ways in which contracting parties can terminate their contract.

You're reporting an error for "BCL – Nov 2018 – L1 – Q7c – Contract Law"

BMIS – Nov 2018 – L1 – Q2b – Organisation culture in business

Explain how organisational culture can positively and negatively influence its performance.

You're reporting an error for "BMIS – Nov 2018 – L1 – Q2b – Organisation culture in business"

FR – Nov 2014 – L2 – Q2b – Consolidated Financial Statements (IFRS 10)

Compute performance and investment ratios to evaluate financial performance.

You're reporting an error for "FR – Nov 2014 – L2 – Q2b – Consolidated Financial Statements (IFRS 10)"

BMF – Nov 2021 – L1 – SB – Q4A – Management, Individual, and Organisational Behaviour

Question discusses the five categories of management responsibilities as per Peter Drucker.

You're reporting an error for "BMF – Nov 2021 – L1 – SB – Q4A – Management, Individual, and Organisational Behaviour"

CR – Nov 2018 – L3 – Q4 – Consolidated Financial Statements

Calculate key financial ratios for TGG and analyze its financial performance and cash flow based on the data provided for the year ended 30 September 2018.

You're reporting an error for "CR – Nov 2018 – L3 – Q4 – Consolidated Financial Statements"

BCL – Nov 2016 – L1 – Q3c – Contract Law

State the means by which a contract may be discharged.

You're reporting an error for "BCL – Nov 2016 – L1 – Q3c – Contract Law"

BCL – Nov 2018 – L1 – Q7c – Contract Law

Describe two ways in which contracting parties can terminate their contract.

You're reporting an error for "BCL – Nov 2018 – L1 – Q7c – Contract Law"

BMIS – Nov 2018 – L1 – Q2b – Organisation culture in business

Explain how organisational culture can positively and negatively influence its performance.

You're reporting an error for "BMIS – Nov 2018 – L1 – Q2b – Organisation culture in business"

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