Credit Management Practise Exam Task 4

Hi,
I'm hoping someone can help me as I'm really stuck on how to complete this question, I'm unsure how to work out the difference in the % between the years I've looked through my books and online but i cannot seem to come back to these answers.
Really hoping someone can help.
Thanks
Sophie
I'm hoping someone can help me as I'm really stuck on how to complete this question, I'm unsure how to work out the difference in the % between the years I've looked through my books and online but i cannot seem to come back to these answers.
Really hoping someone can help.
Thanks
Sophie
0
Comments
(14,177 / 17,215) - 1 = -0.17647 = 17.65% fall
and the increase of:
[(8,598 + 5,595) / (7,535 + 5,357)] - 1 =
(14,193 / 12,892) - 1 = 0.1009 = 10.09%
in combined distribution and administration costs
Alternatively it could be calculated like this:
[(14,177 - 17,215) / 17,215] = -3,308 / 17,215 = -0.17647 = 17.65% fall
I didn't do the credit management module. But from the financial statements and D&C.
The Gearing ratio is - Debt/Equity *100
(21500+2750)/10372 *100 = 233.80
I hope this helps might be worth checking the Credit management follows the same rules.
ACCA in progress
F4- Passed Aug 2020
F5- Planned for Dec 2020
F6- Passed Sep 2020
F7
F8
F9
Thanks
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Total debt ÷ (total debt + equity) x 100
Or long term debt could be used instead of total debt. The exam usually states what formula to use to calculate gearing.
If total debt is used, remember it only includes the borrowings/loans in the current and non-current liabilities. Don't include any trade payables.
Good luck.
Level 2 - Foundation Certificate in Accounting - Aug 2019
Level 3 - Advanced Diploma in Accounting - Aug 2020
Next exam: Level 4 - Credit Management 17th Dec 2020