The answer under the heading ''salaries and other payments'' says the below paragraph:
While annual receipts from customers & payments to suppliers are forecast to rise during the forecast period by 8.5% & 9.4% (from 20X6 to 20X9) respectively, the amounts attributable to salaries and other operating payments are only forecast to rise by 4.1%.
My query is:
1. I cannot come up to the 8.5% & 9.4%.
2. I cannot come up to the 4.1%.
Thank you in advance.
Ask the Tutor ACCA AAA
Sep/Dec 2016 - Rope BPP amended (a)
5y ago#1I show sample calculation on this post https://opentuition.com/topic/rope-s-d-16
Hi Kim,
Re 8.5 & 9.4% - understood thanks :)
However, re the rise of 4.1%, I still cannot understand it.
Thanks
5y ago#3The sum of the 2 x 6 months of the 2nd year forecast is 4.1% higher than the current year actual - i.e. it is 4.1% over 2 years - or you could calculate as 2% a year.
Perfect. Thank you so much Kim.
5y ago#5You're welcome Chris!
One last thing.
RE Sale of investments
It is saying ''Management is therefore expecting the shares to increase in value by $150,000 in the space of 2 years, which represents a 43% rise.''
I cannot understand how he came up to the $150,000 figure.
Thanks.
Please ignore my last thread. I am seeing the reply from another question that I recently posted.
Thanks
This topic is locked — no new replies.