CIMA F1 Consolidated Statement of Profit or Loss – Adjustments

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1. P2-D2 says

   December 31, 2018 at 10:32 am

   Hi

   You need to be careful with the mark-ups and margins. You’ve calculated the 625 based upon a margin of 25% (25/100 x $10m x 1/4) and not a mark-up of 25% (25/125 x $10m x 1/4), so the answer given in the lecture and the notes is therefore correct.

   Thanks

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2. phaedo says

   March 25, 2018 at 12:23 pm

   In the example S sells to P with a mark up. Is the calculation in the lecture therefore correct? Is it really a (500) adjustment or a (625)?

   Thanks.

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