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Dear Sir,
In regards to q 1 in December 12 paper ‘ BQK’ in section b we are asked to calculate before tax return on capital employed.
I looked at the answers provided by acca but still don’t understand how did they work out total before tax cash flow of $6299m.
Would you be able to explain to me please?
Regards
It is the total of the before-tax cash flows over the 4 years.
1053 + 1722 + 2288 + 1236 = 6299
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