Question: help please & explain 1. Answer all required parts in this question. ( 30 marks) (i) Included in the 2018 accounts of Company A were
1. Answer all required parts in this question. ( 30 marks) (i) Included in the 2018 accounts of Company A were the following figures: Required: Calculate to one decimal point, the following for 2018 : (a) Gearing (b) Inventory period (c) Current ratio (6 marks) (ii) The 2019 budget of Company B includes the following estimates: The company has been asked to provide a quotation for a job scheduled to start in May 2019. Estimates for this job are as follows: Required: Prepare quotations for this job assuming: (a) The company uses the labour hours basis to absorb overheads. (b) The company uses the machine hours basis to absorb overheads. (10 marks)
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