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Dear Sir
In the calculation of Average capital employed, beginning capital employed is used (year 1 = 14m). Would it be wrong to use ending capital employed?
Thanks.
If this is a past exam question then it is more than 13 years ago (and I have only kept the questions for the past 13 years).
If it is in the current edition of the BPP Revision Kit then please give me the number of the question.
Otherwise I am sorry but I cannot help you.
Dear Sir
I don’t think this case is in the latest edition of BPP Revision Kit.
Thanks anyway.
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