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PURSUIT CO (JUN 11 ADAPTED)

Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA AFM Exams › PURSUIT CO (JUN 11 ADAPTED)

  • This topic has 1 reply, 2 voices, and was last updated 7 years ago by John Moffat.
Viewing 2 posts - 1 through 2 (of 2 total)
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  • August 9, 2018 at 1:03 pm #467086
    foeldh123
    Participant
    • Topics: 168
    • Replies: 76
    • ☆☆☆

    in operating profit margin, answer sheet have used 32%

    i’m just checking whether the method i have gotten 32% is the same as the answer sheet since it didn’t provided detail working to get 32%.

    Y1 = 5169/16146 = 32%
    Y0 = 5074/15229 = 33%
    X9 = 4243/14491 = 29%
    X8 = 4530/13559 = 33%

    sum of those four and divided by 4 is 31.75 = 32%.

    is it the way the answer sheet have got the answer ?

    August 9, 2018 at 4:53 pm #467116
    John Moffat
    Keymaster
    • Topics: 57
    • Replies: 54821
    • ☆☆☆☆☆

    The examiner has not said how he arrived at 32%.
    What you have done is fine, although better would have been to divide the total operating profit for the 4 years by the total revenue.

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Viewing 2 posts - 1 through 2 (of 2 total)
  • The topic ‘PURSUIT CO (JUN 11 ADAPTED)’ is closed to new replies.

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