Accounting 9706/02 Oct Nov 2002 | Cambridge AS Level Past Papers With Mark Scheme

1. Departmental trading and profit analysis: Preparation of departmental Trading and Profit and Loss Accounts for Television, Computing, and Telephones departments, allocation of shared expenses, and calculation of departmental profitability.
2. Partnership appropriation and profit distribution: Preparation of Partnership Appropriation Account for Dellow and Coucom, including interest on capital, drawings, partnership salary, and profit sharing based on capital ratios.
3. Business strategy for loss-making departments: Evaluation of the suggestion to close loss-making departments, considering contribution margin, overall profitability, and strategic implications on the business.
4. Preference shares and company financing: Description of different types of preference shares, major differences between ordinary shares, preference shares, and debentures, and implications on company capital structure.
5. Financial ratio analysis for performance evaluation: Calculation of key financial ratios for Kyoor Ltd, including gross profit percentage, net profit percentage, liquidity ratios, stock turnover, and return on assets, and comparison to industry averages.
6. Contribution analysis and profit planning: Calculation of contribution per unit for Sintax and Gremmer products, determination of contribution to sales ratio, break-even analysis, and profit evaluation based on expected sales increases and unchanged cost structure.