The ARR I calcualted recalculated yearly basis, profit period of 5years and even including depreciation. I got 30%, and 11.33% respectively but the answer in the mock says 21%.
It would be great if you could explain the working as the answers in the mock didn't provide one other than just a number.
Thank you in advance
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mock section B question 1 (b)
2y ago#1You can find the workings in the following post:
https://opentuition.com/topic/mock-exam-section-b/
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