Ratios – Chap 24 – Example 2 Sample Questions

Hi Chris
I don’t see the lecture video for AB and CD question. Please refer me to relevant video if provided.

Q) asked for following statements, therefore my understanding of the requirement was it could be more than 1.

Therefore I selected, 1 and 5.

1) AB operating expenses < CD therefore does exercise greater control in o/h (AB = 13.2m and CD = 33.6m)

5) CD management has sourced cheaper materials for resale – CD COS are less than AB therefore this suggests that materials were cheaper than that of AB

If the question requested for 1 statement (like it does in Kaplan revision kit) then I would select 1.

I hope I have explained myself clearly and thank you in advance.