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ROI question, is it the non current asset/relevant profit or is it assets-liabilities? I cant remember and cant find it anywhere that explains it in black and white
@sophiemuzz said:
ROI question, is it the non current asset/relevant profit or is it assets-liabilities? I cant remember and cant find it anywhere that explains it in black and whiteI think ROI is strictly investment like non current asset and not capital employed which would include long term liability and all.
Although they are essential the same
@haibe said:
I think ROI is strictly investment like non current asset and not capital employed which would include long term liability and all.Although they are essential the same
My Kaplan text books says it’s capital employed being NCA+CA -CL.
@christa316 said:
How did you guys calculate question 2 I just used the throughout times the units produced in option one. ? I only got the 2% times the salary for the first division. What figures did you use to get the divisional profitI just did the additional units multiplied by the $12,500 benefit given in the question. I think this might be wrong though..
so you think if i did the ROI question net profit/ strictly investment like non current asset is wrong? please advise
Only the non current assets. Who else got 11 % as the roi for the first one.. as a result i only got 2% times the 150000 which is 2400.the second one i used an average
Capital employed is alll assets. That should include receivables as well. Shouldn’t it
@poutsos said:
so you think if i did the ROI question net profit/ strictly investment like non current asset is wrong? please adviseI think so, going strictly by the book it says – controllable profit divided by capital employed and that capital employed is total assets less current liabilities or total equity plus long term debt.
Wasn’t the bonus based on divisional profit and not based on the manager profit.. I used the net profit. And for question 2 did they ask for the profit or the benefit for using the options. Option 1 was the only option that resulted in a profit. So an additional 200 units were received
Maybe I didn’t read the question properly but I thought there was a manager for each division and they stated the controllable profit they earned each for their division, i.e the Divisions F’s profit and the Division N’s profit?
The bonus was based on divisional profit as far as I can remember. Divisional is traceable profit
Question 2 and 5 was just like the OMG type. Hope that I will get at least 50% s0 that I will not have to resit for march session. By the way when will the results appear?
Section B Topics were: Material Mix and yield variances ** my fav**, Key factor analysis, Budgeting systems ** Mr. Molar; which I thought was silly**, ROI and the hardest one **can’t remember now. Multiple choice were not as bad as before.
I’m disappointed given the level of studying and question practice I did. I did not know how to approach 2 Questions in section B (key factors analysis and the one about net benefit of the options). I don’t know if thats a do over again…. very disappointed. Hoping for the best.guys iam sorry but net profit/cost of investment….thats the formula all over the world! the cost of investment you always put it as non-current asset. Total assets-current liabilities is ROCE? no…?
Well I am just lifting directly from the Kaplan study book at it equates the Investment element of the equation to “Divisional Capital Employed” i.e the Division’s NCA+CA – CL.
This is from the tutor here on another thread, probably explains things better –
“When asked in the exam, ROI relates to divisional performance measurement.
In this respect it is exactly the same as ROCE except that of course a division has no capital employed – hence it uses total investment (i.e. total net assets unless told otherwise). (Obviously for a division there is no interest or tax involved when looking at the profit)”
So Net assets are NCA +CA – CL correct?
a horrible exam, too short on time to be figuring out whats being asked as in Q2 and Q5.
Mix and Yield Q, Divisional Performance Q and Incremental budget questions were fair.
MCQs were ok.
No learning curve, no decision trees, little on information systems.
Roll on March
I am also in agreement. I was very prepared for this exam and am left in the balance of whether I did enough. Question 2 was obsurd, the one with limited factor wasn’t bad and the rest OK. Too much brain teasing questions in one exam.
If F5 is going to be this hard, i would hate to see P5,,,,,,,a very disappointing paper from the start, spent so much time studying and even if i had spent another 2 wks revising don’t think it would have made much difference coz the exam was just crap!
hi guys! the best part is that it is over now!!! it wasn’t too bad i reckon, although last question was a bit bizzare…. however i see few other ppl have arrived at answer similar to mine- cost of Making unit X was 23 and then material A was limiting factor and we can only make 600 of X and the remaining 200 we ought to buy!!! so fingers crossed that would be the right answer… or we are suffering at the same delusion ;P
ACCA please sack your examiners now, or else we would leave and move onto a different qualification!!!!
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