Lawn and Order Financial Quiz

What is the revenue of Lawn and Order for 2016?

• £1,500,000

• £230,000

• £75,000

• £250,000

What is the cost of sales for Lawn and Order in 2016?

• £230,000

• £1,500,000

• £75,000

• £98,000

How much are the expenses for Lawn and Order in 2016?

• £75,000

• £250,000

• £98,000

• £1,500,000

What is the amount of trade receivables for Lawn and Order in 2016?

• £250,000

• £98,000

• £230,000

• £75,000

What is the amount of trade payables for Lawn and Order in 2016?

• £98,000

• £250,000

• £1,500,000

• £230,000

Who did Lawn and Order hire to investigate their cash flow position?

• Cook, Books and Hyde

• Smith, Jones and Brown

• Taylor, Green and White

• Johnson, Black and Gray

What is the credit period granted to each customer by Lawn and Order?

• 45 days

• 30 days

• 60 days

• 90 days

What is the main concern of Lawn and Order regarding their customers?

• Compliance with payment terms

• Quality of service

• Cost of sales

• Revenue growth

What type of service does Lawn and Order provide?

• Gardening service

• Financial consulting

• Catering service

• Cleaning service

For which year does the table show extracts from the statement of financial position?

• 2016

• 2015

• 2017

• 2018