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John Moffat.
John Moffat.-
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lokeshdh00
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In BPP examkit, This question only asks about Financial and non financial discussion, 5 marks to calculation and 15 to discussion.
In the answers ,The Calculation part only including the simple percentage comparison between current and last year. About revenues , operating profit etc.
There is written in The Exminer’s Review that there are over 30 possible calculations.
Can i Use the profitability ratios , Would they also be given credits ? As these rations Arn’t used in the answer.
lokeshdh00
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And can you please look at the Solution in the book and What do you think how much is enough for Question like this.
Point wise , sever or eight points
But the points ( With headings ) are rather too big in the book.
John Moffat
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The answer in the BPP Revision Kit is a reprint of the examiners own answer and is therefore a ‘perfect’ answer.
You do not need to write as much – the examiner always writes more than is expected from students (and always states that this is the case – it is because she knows that students use her answers to learn from).
As far as the calculations are concerned, for 5 marks not many are required. The answer does calculate % changes, revenue before and after discounts, and the operating profit margin. That is quite sufficient.
Profitability ratios would get credit if they were sensible (and were commented on sensibly).
lokeshdh00
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