PURSUIT CO (JUN 11 ADAPTED)

This topic has 1 reply, 2 voices, and was last updated 7 years ago by John Moffat.

Viewing 2 posts - 1 through 2 (of 2 total)

Author
Posts
August 9, 2018 at 1:03 pm #467086
foeldh123
Participant
- Topics: 168
- Replies: 76
in operating profit margin, answer sheet have used 32%
i’m just checking whether the method i have gotten 32% is the same as the answer sheet since it didn’t provided detail working to get 32%.
Y1 = 5169/16146 = 32%
Y0 = 5074/15229 = 33%
X9 = 4243/14491 = 29%
X8 = 4530/13559 = 33%
sum of those four and divided by 4 is 31.75 = 32%.
is it the way the answer sheet have got the answer ?
August 9, 2018 at 4:53 pm #467116
John Moffat
Keymaster
- Topics: 57
- Replies: 54839
The examiner has not said how he arrived at 32%.
What you have done is fine, although better would have been to divide the total operating profit for the 4 years by the total revenue.
Author
Posts

Viewing 2 posts - 1 through 2 (of 2 total)

The topic ‘PURSUIT CO (JUN 11 ADAPTED)’ is closed to new replies.