PRACTICE TESTS
CertTF sample practice questions
1. Deltone Plastics has an operating profit of USD2.4m, equity of USD14m and non-current liabilities of USD6m.
Its return on capital employed is:
2. Sprytern Group has current assets of EUR7.2m, which includes EUR 2.2m of inventories. It also has current liabilities amounting to EUR4.8m.
Its current ratio is:
3. Spontell Limited's potential loss if it loses an ongoing legal case is GBP75,000. It has been advised that the probability of losing the case is 40 percent.
Spontell Limited's expected value of loss is:
4. Pederton Group has entered into a call option to buy 350,000 gallons of gas at USD3.05 per gallon in one month's time. A premium of USD20,000 is paid today upfront.
What will be the total cost of the gas to Pederton Group?
5. Wornust GmbH of Germany enters into a fixed price contract and agrees to pay USD248,000 for delivery of oil in two months’ time. This is on the basis of requiring 2,000 barrels of oil each priced at USD124 per barrel. In two months’ time, the market price of oil is USD120 per barrel.
What is the opportunity cost of the fixed price contract?
A.
B.
C.
D.
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Not sure this qualification is right for you? From entry to masters level, we have a qualification that will suit everyone and help you advance at any stage of your career. See them all here