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Dec 2014 question 1a

Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA SBL Exams › Dec 2014 question 1a

  • This topic has 4 replies, 2 voices, and was last updated 8 years ago by accountant4life.
Viewing 5 posts - 1 through 5 (of 5 total)
  • Author
    Posts
  • April 14, 2017 at 12:50 pm #381321
    accountant4life
    Member
    • Topics: 12
    • Replies: 16
    • ☆

    How bpp text book stated that group revenue 58.39% and 54.8% of its operating profit for “Stuart roam road transport”

    How did the get this percentages please?

    April 15, 2017 at 10:53 am #381409
    Ken Garrett
    Keymaster
    • Topics: 10
    • Replies: 10595
    • ☆☆☆☆☆

    575/(575 + 315 + 112) = 57.38% (=ACCA answer)

    575 x 10.8% /(575 x 10.8% + 315 x 14.55% + 112 x 4.75% = 54.8

    (ie work out each profit)

    April 16, 2017 at 7:13 am #381472
    accountant4life
    Member
    • Topics: 12
    • Replies: 16
    • ☆

    Thanks you so much.

    For one question please

    Dec 2014 question 1a (ii)
    According to bpp text book. ROCE of 2.19% for Godiva airport, how did get this percentage please?

    April 16, 2017 at 10:13 pm #381641
    Ken Garrett
    Keymaster
    • Topics: 10
    • Replies: 10595
    • ☆☆☆☆☆

    PBIT = 275 – 125 = 150

    CE = 2,800 +4,050 = 6850 (ie equity + long term loans)

    ROCE = 150/6850 = 2.19%

    April 17, 2017 at 9:53 am #382004
    accountant4life
    Member
    • Topics: 12
    • Replies: 16
    • ☆

    thanks so much

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