Pev
tosin
Registered Posts: 7 New contributor ๐ธ
Can someone help me with PEV December 08 task 2.2 a, c and b, how did they get the 0.09 . Pls help am going out of my mind
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Comments
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Pev
Do you mean 0.90 in 2.2 (a)? I think it's the calculation of the 10% failure rate that you have to take off to get the good production. In the model answers shown as 9,000/0.90 = 10,000 or you can do it as 9,000 x 10/90 to give 1,000 failure rate to add back on to the 9,000.
Hope that helps0 -
thanks
thanks that really helps0 -
I was just about to ask about this.......thanks!!0
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Can anyone help me with Gearing ? how do you calculate ratio ? ref: PEV June 2008 paper, also Interest cover , how is that calculated ?
Thanks0 -
Hunt around
lots of threads on gearing
Long-term loans x 100 xxxxxexpressed as a %
Net assets + Long-term loans
Interest payablexxxxx expressed as the "number of times"
Operating profitSandy
sandy@sandyhood.com
www.sandyhood.com0 -
Thanks for that - i was panicking incase in comes up monday.
Another question I am stuck on is Stock turnover - dec 2008 question 2.1. Raw material stock turnover in days - can not get answer to work - any help appreciated.0 -
I am confused with interest cover now - my book says
operating profit
finance costs
is it the other way round??0 -
Thanks for that - i was panicking incase in comes up monday.
Another question I am stuck on is Stock turnover - dec 2008 question 2.1. Raw material stock turnover in days - can not get answer to work - any help appreciated.
So 60000/540000 x 365 = 40.56 days0 -
operating profit/interest payable0
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Everytime someone has told me about gearing and interest cover they've been different ratios!
I've learnt them as:
Gearing = Long term loans/Capital employed
Interest cover = Profit from operations/ Interest
Is this right??0 -
yes
Esme
Please don't panic. I am well aware that you've worked hard and have the knowledge you need.
The most important thing is to be fresh for the exam tomorrow.
So a good sleep (not alcohol induced!!) so you wake up ready to do yourself justice in the morning.
In the exam, deep breath and READ during reading time so you can get a feel of the business.
Let me know how you get on.Sandy
sandy@sandyhood.com
www.sandyhood.com0 -
Ahh.. thanks Sandy.. let's hope you are right!!0
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