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I suggest you read through the posts on this thread. (This is the top of the 3rd of 3 pages of posts.)
I have struggled with getting the correct answers to these question even though they are actually quite simple so this could be the one of the common error.
The question is actually just the EFFECT as in ‘ONLY the CHANGE’ in net profit after MEXIT. (I previously added 100 of the net profit to my calculation, which was wrong.)
Hope this helps.
All the advice you should need is in this thread – please read the posts before yours – perhaps start at the beginning and note all the ‘tips’.
With this insight on how to answer the questions, I managed to get only two correct 4&5.
Can anyone explain more on how to get answers for the remaining ones@acca18taolo – this is the 3rd page of posts on the subject – you should find sufficient insights if you start at the beginning:
https://opentuition.com/topic/acca-ethics-and-professional-skills-module-unit-7-unit-8-2
https://opentuition.com/topic/acca-ethics-and-professional-skills-module-unit-7-unit-8-2/page/2I suggest other students have found the 2nd page most useful.
I must say this module gave me a lot of distress over the past few days. After reading @shabaz94 comment it became quite clear to complete this morning. Thank you!!
If anyone requires additional help please feel free to refer to his comment or contact me.@onesadi28 – I suggest you read my advice (in particular) on this thread.
Thanks so much! Nik’s answer on page 2 was super helpful and I was able to pass with 50% 🙂 I also recommend focusing on questions 3,4 and 5 as they are very easy – just calculate the change as stated in the question. Focus on the After MEXIT column and compare your answer – the net profit that you got after making the changes as instructed in the question to the original after MEXIT profit. This will be the final answer. I hope I was able to help without violating any ethical rules.
@jycong1202 welcome to my forum. If you please READ my posts on this thread you should find sufficient guidance.
I have to thank all the commenters and answers and prompters in this thread for helping me complete Unit 8.
Have a great day everyoneData analysis and manipulation – test
Screen 2 of 5
What would the predicted ticket sales with the following data:Distance from capital Population Ticket barrier Demographic profile of town Predicted sales
150 15000 30000 3 ???DELETED
I think the wording in the question (unit 8: analysing the financial impact of the six strategic options) is somewhat ambiguous.
The question wants you to calculate the DIFFERENCE to the Net Profit after each of the six changes, and not the new net profit.
Even with English as my first language I think its poorly worded, so I think it must be pretty unclear for some who have English as a 2nd or 3rd language. Hope this helps
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