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Hi Mike
Im having trouble calculating the figure the examiner has got in the answers.
In particular the salaries and other payments figures of 8.5% and 9.4%
Again i know this is easy but all the calculations im doing dont get those figures
thanks
Consider the figures on an annual basis
Thus, receipts from customers in 2016 were 27,985 (13,935 + 14,050) and in 2018 they are forecast to be 30,350 (14,950 + 15,400) and that’s an increase of 2,365
And 2,365 as a percentage of the start point figure (27,985) is 8.451%
Can you do the rest?
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