快速查题-ACCA英国注册会计师试题

An investment project has the following discounted cash flows ($'000)：

                      Year                                          Discount rate

                                                      0%                       10%                   20%

                        0                            90                         90                      90 

                        1                            30                         27.3                     25.0

                        2                             30                        24.8                    29.8

                        3                             30                        22.5                    17.4

                        4                             30                       20.5                     14.5

                                                       30                       5.1                      (12.3)

The required rate of return on investment is 10% per annum. What is the discounted payback period of the investment project

What is the effective annual rate of interest of 2.1% compounded every three months?

If the interest rate is 8%, what would you pay for a perpetuity of $1,500 starting in the nearest $)

How much should be invested now (to the nearest $) to receive $24,000 per annum in perpetuity if the annual rate of interest is 5%?

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?