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Hi all,
Please help! I can’t believe I found all other parts of the module easy enough and I’m getting stuck here. I think I might be either misreading something or not seeing something right in front of my face.
You are given a spreadsheet with the P/L from the previous period (before MEXIT) and current year (after MEXIT). Some disruption was expected and your were previously asked about how to reduce damage to the company as a consequence of MEXIT.
This assessment has 6 questions in which you have to assess the impact on profit of each individual strategic option given in the scenario.
Your answer should be a number, ie: 100 (for 100,000), as they state the $’000 before the space for answer. That’s correct, isn’t it?
Also, I take that since what they are asking for is the impact on profit, the answer should be the new profit figure obtained after using that particular strategy, isn’t it? they don’t look for the difference between the profit per P/L after MEXIT and the one using the specific strategy?
I also take that the base figures you use are the ones for the P/L from the after MEXIT accounts. You only need the ones for the year before for certain calculations, am I right?
Thanks for reading!
Hi isabelber
Yes – if prompt is $’000 you give answer to nearest 000 – so 100 in your example.
I don’t currently have access to this unit but I would say “impact” should be difference because it is asking for the effect.
Regarding the last Q – as I say I don’t have access to the unit but I have found a reference: “Please treat each strategic option as totally independent of any other option and USE THE FOLLOWING profit or loss statement as the basis for your analysis.”
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Hi
Im thinking to apply for ethics and professional module after march result probable end of april 2020.
Can u please give me some advice on it
What shall i study before attempting
Can u please share ur experience and ur answersU can whats ap me 00447585588056
Or u can add me in facebook
Acca global wallThank you
Tanzeel rehman
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Hi i am giving ethics and professional module in end of april 2020
Can u please share what shall i study before attempting
Share ur experience and answerThank u
Please note that EPSM now has its own forum https://opentuition.com/forum/ask-acca-tutor-forums/acca-ethics-and-professional-skills-module/
I suggest you look at some of the posts there for answers to these questions – e.g. you will see there is a post “Best time to take Ethics module?” And this one answers some more of your questions and has a link to the ACCA FAQs https://opentuition.com/topic/ethics-and-professional-skills-module-4/
Hello,
Was wondering if I could get some help regarding unit 7 of the epsm module regarding the end of unit Assessment please?
I am really really badly struggling to work out the following question.
What would the predicted ticket sales with the following data:
Distance from capital, Population, Ticket barrier, Demographic profile town,Predicted sales
150 15000 30000 3 ???Regards
Gordy
Please see posts about Unit 7 on the EPSM forum https://opentuition.com/forum/ask-acca-tutor-forums/acca-ethics-and-professional-skills-module/
Hello Sir,
With your explanation, i have managed to get those 50% and hence i can move on.
Thank you very much
Hello everyone,
please help!! I have tried all that I could but cannot move forward in my acca ethic module 8 with below question.
Analysing the 6 strategic options
Screen 1 of 6
As a result of MEXIT, Telford Engineering had lost 30% of its pre-MEXIT export sales to CETA customers, due to increased trade and tariff barriers with CETA. (See P/L account before MEXIT in the spreadsheet). A new opportunity has now been negotiated to sell the original 30% post-MEXIT loss in CETA exports to a range of customers in alternative export markets on another continent. These can be sold at the same price, bringing the factory back to full capacity. The materials cost of these additional sales, as a percentage of sales to the nearest whole percentage, will be the same as it is currently (See P/L account one year after MEXIT under the outsource option in the spreadsheet).@barchynai – there is now a separate forum for EPSM where you will find posts like this one https://opentuition.com/topic/acca-ethics-and-professional-skills-module-unit-7-unit-8-2
@Aryon – please see my post preceding yours.
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