F5 Past ACCA Exam Question 2 December 2010 Financial Performance

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  1. Another great feature of opentuition, it is helpful to see how questions are being answered. I am really amazed that you are providing all of this for free!

    I have a question if I may ask – There was a fall in number of students, yet our market share has grown, can you clarify this point please? I kind of get the idea but it is not really clear, I have always thought that a fall in customers mean a fall in market share and so.

    Many thanks!

    Maha

    • Let me give you an example:

      Suppose there are 1000 students in the world, and 100 of them come to us. That means that our market share is 10%.

      Suppose that next year there are only 500 students in the world, and 55 of them come to us. That means our market share is now higher at 11% (but the number of students is lower).

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  4. The total staff costs is suppose to be 41.663 in 2009 so therefore the freelance will be 14.582.

  5. Thank you

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