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Ratios calculated from thefinancial statements of ST Group for the years ended 31 August 20X7 and 20X6 are as follows:
Which of the followingwould have contributed to the movements in these ratios?
Suggested Answer: C
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7 comments · newest first
CL
Claribel
12 months ago
Not sure if extending vehicle life is a good move for ratios.
PA
Paris
1 year ago
Fair value adjustments can really skew the numbers.
WE
Weldon
1 year ago
Surprised the associate only made a small profit!
DE
Delmy
1 year ago
I think the depreciation change could have a big impact too.
MA
Marge
1 year ago
ST Group's sales volume increased in 20X7.
MI
Michael
1 year ago
I've got a good feeling about this one. The key is identifying the right data source and using the appropriate filters. I think Option B looks like the best fit based on the requirements.
VO
Vonda
1 year ago
Hamburger menus are trendy, but I feel like they might hide important links from users, especially on a school website. I guess it depends on the audience!