PEV Dec 05
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Hi All,
I'm struggling big time with a couple of the questions from this past paper. I can see the answers but no idea how they've been calculated. Hoping someone can help please:-
Q 1.2 a ii) refers to calculating mat price var in Uk pounds for Nov US purchase. I can see the Uk current price is .45 and the calculation for the answer is .45 - 0.5 but don't know where the 0.5 came from???
Q 2.2 b - How is the new ROCE 12.8%?
I know it's a bit long winded for Easter but hoping someone can help me muddle through.
Many thanks,
Scooby
I'm struggling big time with a couple of the questions from this past paper. I can see the answers but no idea how they've been calculated. Hoping someone can help please:-
Q 1.2 a ii) refers to calculating mat price var in Uk pounds for Nov US purchase. I can see the Uk current price is .45 and the calculation for the answer is .45 - 0.5 but don't know where the 0.5 came from???
Q 2.2 b - How is the new ROCE 12.8%?
I know it's a bit long winded for Easter but hoping someone can help me muddle through.
Many thanks,
Scooby
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Comments
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Re:PEV Dec 05
Hi Scooby
Q1.2 The 0.5 is the standard cost of the paper - if you have a look at the original data.
Q2.2 - have a look at the following link - hope it answers your question:-
http://forums.aat.org.uk/forums/posts/list/11698.page
Best of luck
Eva
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Re:PEV Dec 05
Hi Eva,
Thanks so much for that, I feel a complete prat - didn't realise it was linked to earlier question. That's what you get when the kids are off school and your trying to study!!
Many thanks for your help.
Scooby0