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Hi My Dear tutor, I have a question.
I will not type the question here due to your last saying to me ”copy right issues”Question number 19.
I got capilat employed 4.2 but in the answer it shows 4.35 why?need explanation.
capital—4000000
less dep-(400000)
plus WC increase-600000
equal 4200000
operating profit 1200000But the examiners answer shows the workings!!!
The capital employed at the start of the year is 4M + 0.5M = 4.5M
The capital employed at the end of the year is 4M – 0.4M (depreciation) + 0.5M + (20%x0.5M) = 4.2M
The average capital employed = (4.5M + 4.2M)/2 = 4.35M
? need to read carefully and it is my rushness.
Also,my dear tutor,i have done past papers from 2014 to 2017 but there are very strange question in Becker study question relating to transfer pricing and performance which seems to be hard and difficult.also differed from past paoer question.
I will try to concentrate on transfer pricing and performance measurement to exam date june 6 session but if they will examine by giving performance measurement long question relating to non profit organization it will challenging.
Its analysis scope is more limited than private sector.
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