Self-test
(Text book contains questions A10.1 to A10.11)
Financial Accounting
Application
(Text book contains questions B10.1 to B10.3)
Supplier group:
Purchasing director:
Financial Accounting
Problem solving and evaluation
(Text book contains question C10.1)
Financial Accounting
Craigielaw plc
Making use of the Report and Accounts of Craigielaw plc and the accounting information
regarding Safe and Sure plc in the text book, answer the following questions. (Page numbers
refer to the Report and Accounts of Craigielaw.) Worksheets are provided to help you collect
and analyse the data.
Current liability questions
Craigielaw plc Safe and Sure plc
Year 7 Year 6 Year 7
£m % £m % £m %
Current liabilities
Bank overdrafts, secured plus
unsecured
Debenture and bank loans,
secured plus unsecured
Leasing finance
Deferred consideration 11 0.5
Trade payables (creditors) 236 11.8
Bills of exchange payable
Tax and social security 560 28.0
Other payables (creditors) 307 15.4
Accrual and deferred income 484 24.2
Financial Accounting
Craigielaw plc Safe and Sure plc
Year 7 Year 6 Year 7
£m % of
profit
£m % of
profit
£m % of
profit
Amount Increase over
previous year
Long-term finance =
(ownership interest +
net borrowin
g)
Working capital as
% of long-term
finance
£m £m £m %
Self-test
Financial Accounting
Application
Financial Accounting
Financial Accounting
Problem solving and evaluation
Financial Accounting
Self-test: Supplement
S10.1
Financial Accounting
Financial Accounting
Craigielaw plc
Financial Accounting
Financial Accounting