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- This topic has 5 replies, 3 voices, and was last updated 7 years ago by Ken Garrett.
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- December 3, 2017 at 5:55 pm #419984
Sir I want to ask that when we are evaluating the financial statements then can we comment on tax figures?
This is because in some questions the tax rates (if we calculate from figures) are dramatically increasing, that are causing the profits much reduced..
December 3, 2017 at 7:17 pm #420020I think I would usually ignore tax,in P3. At most, the rate might come into PESTEL, but only of the question said that the government planned to change the rate.
December 3, 2017 at 7:45 pm #420024Thanks Sir, but can it be come to a threat as these profits would link to the dividends and if shareholders are not satisfied then they might eject their money?
December 3, 2017 at 8:59 pm #420033Yes, rising tax rates can be a threat.
December 4, 2017 at 7:25 pm #420350Hello Sir?
On ratios…is it better to show the ratio workings in the answer script or do it on scrap paper/or an appendix and just bring it into the analysis without showing how it was derived?
I am getting conflicting advices on this.
Thank you.
December 4, 2017 at 10:38 pm #420443If you have time, show workings. This allows you to more easily check your figures and see where they came from.
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