Extracts from the common size analysis for Denton Products Limited over a three-year period are as follows: Statement of financial position elements are expressed in terms of total assets which were as follows:
20X3 £663 700
20X4 £675 300
20X5 £681 400
Which of the following statements are correct?
A.The non-current assets figure in £s has increased slightly over the period covered by the analysis.
B. The long-term borrowings figure in £s has increased slightly over the period covered by the analysis.

Question

Extracts from the common size analysis for Denton Products Limited over a three-year period are as follows:  Statement of financial position elements are expressed in terms of total assets which were as follows:
20X3 £663 700
20X4 £675 300
20X5 £681 400
Which of the following statements are correct?
A.The non-current assets figure in £s has increased slightly over the period covered by the analysis.
B. The long-term borrowings figure in £s has increased slightly over the period covered by the analysis.

Quizplus · Accepted Answer

The Answer of Extracts from the common size analysis for Denton Products Limited over a three-year period are as follows:  Statement of financial position elements are expressed in terms of total assets which were as follows:
20X3 £663 700
20X4 £675 300
20X5 £681 400
Which of the following statements are correct?
A.The non-current assets figure in £s has increased slightly over the period covered by the analysis.
B. The long-term borrowings figure in £s has increased slightly over the period covered by the analysis.

Extracts from the Common Size Analysis for Denton Products Limited