Free ACCA & CIMA online courses from OpenTuition

Free Notes, Lectures, Tests and Forums for ACCA and CIMA exams

20% off ACCA & CIMA Books

OpenTuition recommends the new interactive BPP books for September 2025 exams.
Get your discount code >>

aimee1993

Forum Replies Created

Viewing 1 post (of 1 total)
  • Author
    Posts
  • October 25, 2016 at 8:25 am #345938
    mysteryaimee1993
    Member
    • Topics: 0
    • Replies: 1
    • ☆

    Hello,

    My question is related to December 2008 question 1 part C – Pace Company.

    Can anyone explain how to get the gross profit of year 4?
    I don’t understand the calculation of year 4 gross profit “(40-5-4.75)/(100(0.95)(0.95))”. Where is the 4.75 come from?

    Thank you

  • Author
    Posts
Viewing 1 post (of 1 total)