20% off ACCA & CIMA Books

OpenTuition recommends the new interactive BPP books for September 2025 exams.
Get your discount code >>

Two issues in bpp question 27.1

This topic has 1 reply, 2 voices, and was last updated 5 years ago by John Moffat.

Viewing 2 posts - 1 through 2 (of 2 total)

Author
Posts
November 16, 2019 at 2:02 pm #552789
farhaanm
Participant
- Topics: 165
- Replies: 73
1. Why Asset turnover was expressed as a percentage in task 1? In the lectures asset turnover was not expressed in percentage.
2. In task 2, what is working capital?
November 17, 2019 at 10:12 am #552883
John Moffat
Keymaster
- Topics: 57
- Replies: 54739
1. Asset turnover is usually expressed as a number and not as a %’age. In the exam, if the answer is wanted as a % (which is unlikely) then the question will say so.
2. Working capital is current assets less current liabilities.
Author
Posts

Viewing 2 posts - 1 through 2 (of 2 total)

You must be logged in to reply to this topic.