PEV dec 2005 practise exam

System
System Posts: 100,534 🤖 Admin 🤖
edited June 18 in AAT student discussion
Hi I have worked through the above exam paper, i dont understand how they got the answer to question 2.2(b) where part of the question is to work out the Return on capital employed 4 LNG Ltd - i have looked at the answers but still dont get it- i can see where they got the 452 from but am struggling to work out where they got the figure 3,542 from, i keep looking at this but am doing my nut in lol!!!!! i hope someone can help me

many thanks for any help
lorraine

p.s is anyone else having the same problem or it just me!!! hope not lol

Comments

  • System
    System Posts: 100,534 🤖 Admin 🤖
    Re:PEV dec 2005 practise exam

    First things first (and I hope I don't sound patronising)
    Well done, so many (far too many~) students look at the examiner's answers before they finish their own. You have finished the paper first.

    I use this paper with my class but add an extra task to try and prevent the common error of using the previous year's capital employed.

    I hope this helps to get you thinking about how the changes in the question will affect the capital.

    Here is a link to my previous comments regarding this question.
    http://www.aat.org.uk/forums/posts/list/15590.page

    sandy.hood@chichester.ac.uk
  • System
    System Posts: 100,534 🤖 Admin 🤖
    Re:PEV dec 2005 practise exam

    thank you Sandy, I have read through your post and now i understand how they came to the figure, thank you so much for your help

    kind regards

    lorraine

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