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I left this question until last, and was very tight on time, as it is a ridiculous amount of stuff to get through in 3hs
were there any adjustments to be made. as with previous questions there were adjustments to be made which resulted in the results for the ratios being different as to those stated.
I just took the ratios as they were and gave my interpretation on these figures
fingers crossed
I did the same, but recalculated those ratios again, I mean I showed how they were calculated. Dont know will gain any points for recalculation.
What did you write for the second part of this question. Part B?
I wrote that the Xpand should also look at the cash flow statement and interest cover period for decision. Thats all what came to my mind))Just waffle as I was literally still writing when being told to my put my pen down, I mentioned and performed some calculations that were missing like quick acid test, and I think the net profit margin, and I also mentioned about calculating eps, think I done enough to pass, the mcq’s killed me where there were no calculations required, I must of read some questions 2 or 3 times and still didn’t fully understand what they were asking.
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