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Hi, I have correctly worked out the controllable profit, however for the capital employed I took an average of the net asssets at the start of the year and the end.. is this not correct? The answers have only taken the start of the year figure.
Thank you
I do not have the Kaplan kit (only the BPP kit) and so it is not possible for me to give you a definite answer. However, it is more common to use the net assets at the start of the year, on the basis that is those assets that will have generated the profits for the year.
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