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June 201 – Section B – Question 2

Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA FR Exams › June 201 – Section B – Question 2

  • This topic has 1 reply, 2 voices, and was last updated 1 year ago by P2-D2.
Viewing 2 posts - 1 through 2 (of 2 total)
  • Author
    Posts
  • December 6, 2021 at 8:14 pm #642764
    thu151999
    Member
    • Topics: 1
    • Replies: 0
    • ☆

    Hi all,
    I have some problem with calculating ROCE and net assest turnover after (ii) adjusting profit from sale of the division. I deducted $1million from retaining earning when I calculated the capital employed. But my answer is not correct when comparing with ACCA answer. In the answer of ACCA, there is not detail explaination.
    I hope some one could explain to me.
    Thank you so much

    Because it is a long question so I add the link to question and answer right here.
    If there is any inconvenient with this, please tell me. I will edit my post.
    https://www.acowtancy.com/exams/acca-fr/paper-question/jun-2015-genuine-q2ab#title

    December 11, 2021 at 11:40 am #643893
    P2-D2
    Keymaster
    • Topics: 4
    • Replies: 6460
    • ☆☆☆☆☆

    Hi,

    Why have you deducted the $1m from retained earnings? What figure have you calculated for ROCE?

    Let me know and I might be able to help further.

    Thanks

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