Credit managment and cotrol practice test myaat

MWAUGH1983MWAUGH1983 Trusted RegularRegistered Posts: 420
Hi,

On th practice test it has on question 2.2 a on the filling in blank question that revenue has increased by 12.5%. Anyone any idea how this is derived?

Cheers
Martin

Comments

  • SandyHoodSandyHood Font Of All Knowledge Registered, Moderator Posts: 2,034
    Z Limited had Sales Revenue in 2010 of £8,000,000
    Sales Revenue in 2011 of Followed bnyb£9,000,000
    An increase ofFollowed bnnnnnnnnnnyb £1,000,000

    £1,000,000 is 12.5% of £8,000,000

    Found by: £1,000,000 x 100 = 12.5%
    nnnnnnnnn£8,000,000
    Sandy
    [email protected]
    www.sandyhood.com
  • MWAUGH1983MWAUGH1983 Trusted Regular Registered Posts: 420
    Cheers sandy thats a great help!
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