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Acca marking

Ppinkyjovin12310y ago
Hello Sir, Is there any mark for adding??For example,in statement of comprehensive income if we add revenue and cos we get gross profit..So is there any mark in adding the both and writing in the space of gross profit.Or,at the end Profit after tax assuming a figure and writing is that enough??
MMikeLittleTutor10y ago#1
No marks for adding. None! Zero! Zilch! Nothing at all! This is an exam to test your understanding. It is NOT an exam to test your dexterity on a calculator Personally, I would add it up, but that's only because I'm a compulsive adder
Ppinkyjovin12310y ago#2
Hello sir, If the company is operating under operating leases and these were treated as finance leases how will Roce decrease and gearing can increase???
MMikeLittleTutor10y ago#3
What has this got to do with "ACCA marking"? Because profits will be increased (operating lease payments likely greater than the interest plus depreciation on a finance lease) and capital employed remain the same because no assets and no liabilities
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