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September / december 2016

Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA AAA Exams › September / december 2016

  • This topic has 1 reply, 2 voices, and was last updated 7 years ago by Kim Smith.
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  • November 16, 2018 at 4:53 pm #485004
    jihun lee
    Member
    • Topics: 117
    • Replies: 51
    • ☆☆

    In question name ‘ROPE’, part (a), in the answer sheet under salaries and otjer payments section, in the first paragraph, im not sure how they get 8.5%, 9.4% and 4.1%

    I calculate the figures based on the question info but i couldnt derive these figures.

    Im not sure whether they have typo in the answer sheet

    November 16, 2018 at 5:31 pm #485008
    Kim Smith
    Keymaster
    • Topics: 138
    • Replies: 8439
    • ☆☆☆☆☆

    The forecast period is 4 six-monthly periods. Summing the figs into annual amounts:
    Receipts for the 2nd year of the forecast period total 30,350 (14950 + 15400) compared with the current year total 27,985 (14050 + 13935) – an increase of 8.5%.

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