[omar]

I think the answer of Q5 is A not C.

[omar]

pass 50% alhamdulellah..all what I need

[omar]

got 47

[omar]

Thanks John for your reply, please check the examiner answers of June 2013 question 3, (ii) At present, the current ratio is 1,804,900/1,504,100 = 1·20 times. The current net working capital is $300,800 (copied). Where the current liabilities were payables of 1326600 and the overdraft was 177500, Thanks again.

[omar]

Thanks John for your answers, could you please explain why you didn’t include the overdraft in the formula while compute the sales over net working capital ratio in question 2? As I think net working capital is current assets less current liabilities. Thanks again

[omar]

I also got negative NPV of 48 alhamdullelah. I have one comment on question one answers.. the contribution (sales less V.C) is missing from the answer.. look at june 2013 answers.. it is there in the examiner’s answers. Thanks

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