BPP Q33 Louieed (March/June 16)Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA AFM Exams › BPP Q33 Louieed (March/June 16)This topic has 1 reply, 2 voices, and was last updated 6 years ago by John Moffat.Viewing 2 posts - 1 through 2 (of 2 total)AuthorPosts November 11, 2018 at 8:13 pm #484528 davidlemonhhlMemberTopics: 7Replies: 12☆Hello sir,In the last few lines of the case the question said ‘…that the return on cash surpluses is 5% pre-tax’.What does it mean by ‘return on cash surpluses’?Thanks. November 11, 2018 at 8:40 pm #484533 John MoffatKeymasterTopics: 57Replies: 54500☆☆☆☆☆It means that they are earning interest of 5% on any cash balances (and if they use the cash then they will be losing interest of 5%).AuthorPostsViewing 2 posts - 1 through 2 (of 2 total)You must be logged in to reply to this topic.Log In Username: Password: Keep me signed in Log In