2014年ACCA《F9财务报告》考试中的重点内容，为了帮助大家全面复习ACCA考试，系统的了解F9财务报告学科重点知识，我们考吧.cc特为考生们整理了以下辅导知识，希望考生们能够喜欢。

The Accounting Rateof Return

The information provided by AICO plcisbasedonhy pothetical cashflows.

This informatio nisinsufficient forestablishing the ARR of thetwomodels;

therefore it will be necessary tocalculate theannual depreciation figures for thetwomachines. Toarriveat theannual accounting profits will necessitateadeductionfromeach year，snetcashinflows，theannualdepreciationfigure.

Supermodel

Depreciationperannum =Costlessscrapvalue

Lifeofmachine

=£500，000less20，000

6

=£80，000perannum

Deluxemodel

Depreciationperannum =£800，000less80，000

6

=£120，000perannum

Nowthatwehavecalculatedtheannualdepreciationforeachmachine，

letusestablishtheannualaccountingprofitorlossforeachmachine.

Supermodel

Year Cashinflow less Depreciation =AccountingProfit/(Loss)

1 250，000 ? 80，000 =170，000

2 100，000 ? 80，000 =20，000

3 100，000 ? 80，000 =20，000

4 50，000 ? 80，000 =(30，000)

5 150，000 ? 80，000 =70，000

6 100，000 ? 80，000 =20，000

Totalaccountingprofit 270，000

Thereforetheaverageaccountingprofit =£270，000

6

=£45，000

AverageCapitalEmployed =£500，000+20，000

2

=£260，000

ARR =45，000x100

260，000

=17•30%

DeluxeModel

Year Cashinflow less Depreciation =AccountingProfit/(Loss)

1 150，000 120，000 =30，000

2 200，000 120，000 =80，000

3 250，000 120，000 =130，000

4 100，000 120，000 =(20，000)

5 100，000 120，000 =(20，000)

6 250，000 120，000 =130，000

Totalaccountingprofits 330，000

Averageaccountingprofit =£330，000

6

=£55，000

Averagecapitalemployed =£800，000+80，000

2

=£440，000

ThereforeARR =£55，000x100

£440，000

=12•50%

UsingARR，clearlythesupermodelwitha17•30% will berecommende dinstead of the deluxemodel， which hasalowerrate of returnof12•50%

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