What the hell was that !!! sole trader as a 60 mark and a load of other random crap that has never come up
Vat on Tabular was very strange. It was like that on a mock I did before.
skipped tabular because of it at what is return on equity funds is that return on capital employed
I hope so because that's the calculation I did! My god I've never seen so many curveballs in a paper before...
(Net profit - preference dividend ) / capital employed I think. I didn't do the ratios question because I figured the most marks that I'd lose on tabular was 20 with the vat and I've never gotten above 30/50 in The B and C of ratios
how is that right? never seen it before
Formula I posted is return on shareholders equity. I've never seen them ask it before so don't know if they're the same thing.
but when have we ever had to use that
Anybody else get a net loss for the production budget?
no profit im fairly sure
My profit was over 100,000 but I feel like the way I calculated closing stock was wrong.
i messed it up never mind
it shouldve been over 100000 just i messed it up a bit
There was such a wide array of answers for that question from people in my year, some people were coming out with huge net losses and huge profits! Ah well least it's done now
Would ye agree that the topics were nice but the workings were tough??
I'm happy that I do Q1 because that random Q4 seemed very out of place.