- This topic has 7 replies, 2 voices, and was last updated 1 year ago by chrisi04.
- The topic ‘Sep/Dec 2016 – Rope BPP amended (a)’ is closed to new replies.
ACCA Webinars: How to earn marks in Strategic Professional Exams. Learn more >>
20% off BPP Books for ACCA & CIMA exams - Get BPP Discount Code >>
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.
I show sample calculation on this post https://opentuition.com/topic/rope-s-d-16
Re 8.5 & 9.4% – understood thanks 🙂
However, re the rise of 4.1%, I still cannot understand it.
The 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.
You’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.
Please ignore my last thread. I am seeing the reply from another question that I recently posted.