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Ask the Tutor ACCA APM

Dec 2013,q1, (v) Lopten

Tthieuhoa11y ago
Dear sir, could you explain for me why the target profit in two years'time is set at 135m but when calculate plan a and b, we only use profit in year 2? Thanks you
kengarrettkengarrettTutor11y ago#1
The target profit in 2 years is 135m. We compare that to what might be avhieved under each scheme in year 2 : Plan A = 114,so still a gap. Plan B 141 so gap closed.
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