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Strand co mock paper 2 BPP kit q 3

Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA AFM Exams › Strand co mock paper 2 BPP kit q 3

  • This topic has 2 replies, 3 voices, and was last updated 10 months ago by John Moffat.
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  • September 1, 2021 at 1:38 pm #633800
    rialakhani
    • Topics: 20
    • Replies: 50
    • ☆☆

    Hi sir, for part b of the question i added all the earnings and deducted the average of ROCE x 0.2, they haven’t mentioned that the earnings should also be average so is it fine?

    September 1, 2021 at 3:53 pm #633810
    ranganaherath
    • Topics: 24
    • Replies: 127
    • ☆☆

    Hi also what did they mean by excess earnings in that question?

    September 1, 2021 at 7:28 pm #633864
    John Moffat
    Keymaster
    • Topics: 57
    • Replies: 49603
    • ☆☆☆☆☆

    riahalhani: It would not get you full marks because it is not really very logical. However you would certainly get credit for what you did (especially because the question was not well worded).

    Ranganaherath: This is explained in the question. It is the excess of the earnings over the average return on capital employed of the biotech industry.

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