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TURNOVER RATE

Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA MA – FIA FMA › TURNOVER RATE

  • This topic has 1 reply, 2 voices, and was last updated 4 years ago by John Moffat.
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  • September 21, 2020 at 4:40 pm #586320
    TANSINYEE
    Member
    • Topics: 7
    • Replies: 5
    • ☆

    beginning 3000
    end of period 2200
    replacement 340

    I quite confuse on this type of question.
    Sometimes should using 3000-340-2000?
    I found the answer 13.1% *340/[(3000+2200)/2]*100

    September 22, 2020 at 8:43 am #586368
    John Moffat
    Keymaster
    • Topics: 57
    • Replies: 54679
    • ☆☆☆☆☆

    I am not sure what is confusing you since the question specifically says that 340 were replaced.

    Have you watch my free lectures on this? The lectures are a complete free course for Paper MA and cover everything needed to be able to pass the exam well.

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