Accounting 9706/32 May June 2011 | Cambridge AS Level Past Papers With Mark Scheme

1. Justifications for share capital repayment and its impact on gearing and financial structure.
2. Classification and implications of convertible loan stock in obtaining low-cost finance.
3. Goodwill and net assets calculations in business acquisitions, alongside their effect on balance sheets.
4. Interest cover, return on capital employed, and inventory turnover calculations to assess company performance.
5. Production budget planning, including raw material and process loss adjustments for achieving targets.
6. Flexible budgeting, standard costing, and variance analysis for monitoring and improving operational efficiency.