NO.PZ201602060100001703
问题如下:
Redline’s consolidated gross profit margin for 2007 would be highest if Acceletron accounted for inventory using:
选项:
A.FIFO, and its functional currency were the US dollar.
B.LIFO, and its functional currency were the US dollar.
C.FIFO, and its functional currency were the Singapore dollar.
解释:
A is correct.
Because the US dollar has been consistently weakening against the Singapore dollar, cost of sales will be lower and gross profit higher when an earlier exchange rate is used to translate inventory, compared with using current exchange rates. If the Singapore dollar is the functional currency, current rates would be used. Therefore, the combination of the US dollar (temporal method) and FIFO will result in the highest gross profit margin.
考点:不同的会计方法对财务比率的影响
解析:根据题目的表格首先明确US dollar 相较于Singapore dollar一直在贬值。即新加坡元升值。因为新加坡元是温和通胀的,因此物价是上涨的。
新加坡元两种汇率下revenue都是用average rate转换,没有差异,因此只需要比较COGS。如果想要gross profit margin 最大,那么我们要让cost of sales最小。
A选项FIFO&temporal method,对应的是较小的COGS和较低的汇率。
B选项LIFO&temporal method,对应的是较大的COGS和较高的汇率。
C选项FIFO¤t method,对应的是较小的COGS和average的汇率。
因此A选项的COGS转换后最低。 所以选项A正确。
1.这个题怎么看出新加坡是通胀的?因为dec 2016对比dec 2017?
2.新加坡币是不是外币?题目中用的的usd/新加坡
3.H>A>C 这个假设条件是因为外币市场贬值?那这个题目外币升值了,H>A>C?
4.假设H>A>C 是因为外币贬值
我的理解是A。FIFO,cogs 用的H?
B。LIFO,cogs 用的C?
然后因为实际上看数价值,dec2017代表的Curgent > H (dec2016)?
然后A里 COGS最小?
5.如果没有实际的数值,是不是说明H代表的价值本身>C ?
6.我不明白这题的套路