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Leaving Cert Accounting

  • 06-07-2012 7:37am
    #1
    Sunny!!
    Registered Users, Registered Users 2 Posts: 1,409 ✭✭✭


    Just wondering is there anyone here that corrects and i was wondering about this. I badly need an A1 but noticed in the ratios question I made a mistake.

    the ratio was
    How long it would take one ordinary share to recover its value at present pay out rate.

    So first I put down MP/DPS and worked out the answer. But wasn't sure and gently crossed it out so the examiner could see it. Then I put down MP/EPS and worked it out.

    Will i get any marks at all for the bit i crossed out? Does the examiner correct everything?

    Any help
    thanks in advance


Comments

  • #2
    bobjimmy
    Registered Users, Registered Users 2 Posts: 170 ✭✭bobjimmy


    Dps was the right one but since The EPS is so similar they will only correct this one. Saying this you wont get Zero. You should get about 4/5 out of ten for it.

    P.S What Net Profit figure did you take for this question?


  • #3
    Sunny!!
    Registered Users, Registered Users 2 Posts: 1,409 ✭✭✭Sunny!!


    bobjimmy wrote: »
    Dps was the right one but since The EPS is so similar they will only correct this one. Saying this you wont get Zero. You should get about 4/5 out of ten for it.

    P.S What Net Profit figure did you take for this question?

    I would have took the 63000. The dps I worked out right and had the same answer to people here, it's just I crossed it out, they can still see it, once I don't loose the whole 10 it's ok:)


  • #4
    bobjimmy
    Registered Users, Registered Users 2 Posts: 170 ✭✭bobjimmy


    Ya u defintiley wont lose full marks. I took the 63000 aswell but a whole load from my class took 43000 instead. Its the same as the 2007 paper except net profit isnt given. Dear god i hope were right.


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