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Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA SBL Exams › Dec 2014 question 1a
How bpp text book stated that group revenue 58.39% and 54.8% of its operating profit for “Stuart roam road transport”
How did the get this percentages please?
575/(575 + 315 + 112) = 57.38% (=ACCA answer)
575 x 10.8% /(575 x 10.8% + 315 x 14.55% + 112 x 4.75% = 54.8
(ie work out each profit)
Thanks you so much.
For one question please
Dec 2014 question 1a (ii)
According to bpp text book. ROCE of 2.19% for Godiva airport, how did get this percentage please?
PBIT = 275 – 125 = 150
CE = 2,800 +4,050 = 6850 (ie equity + long term loans)
ROCE = 150/6850 = 2.19%
thanks so much