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Hammond shoes part a June 2012

Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA SBL Exams › Hammond shoes part a June 2012

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  • May 10, 2015 at 7:07 pm #245153
    Mubzy
    Member
    • Topics: 14
    • Replies: 16
    • ☆

    Hi ,

    Just wondering how they get hearing at 6.9% for 2007.

    I would do debt / equity.. And I get a figure way off the mark.
    Any suggestions?

    May 10, 2015 at 7:16 pm #245154
    Mubzy
    Member
    • Topics: 14
    • Replies: 16
    • ☆

    Also .. How would it be possible to calculate trade receivable days when credit sales figures haven’t been provided ?

    May 11, 2015 at 1:07 pm #245258
    Ken Garrett
    Keymaster
    • Topics: 10
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    • ☆☆☆☆☆

    Gearing = D/(D+E) = 20/290. It’s fine to use D/E instead.

    For receivables days they have used the revenue figure, though I am not very sure why a retail organisation has receivables.

    January 21, 2018 at 5:56 am #431738
    parisnaaa
    Member
    • Topics: 32
    • Replies: 92
    • ☆☆

    Sir, how is the Roce calculated? The formula is Pbit /capital employed. But how is the capital employed calculated?

    January 21, 2018 at 6:51 am #431751
    Ken Garrett
    Keymaster
    • Topics: 10
    • Replies: 10534
    • ☆☆☆☆☆

    Capital employed is share capital plus reserves plus long term loans.

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