HELP NEEDED!!!!!!!!!

System
System Posts: 100,534 🤖 Admin 🤖
edited June 18 in AAT student discussion
Hi

Hope someone can help.

I've went through the past paper for PEV December 2005 and on Task 2.2 b the R.O.C.E/ Capital Employed figure is £3542 (in suggested answers)which I cannot get. I have tried various different solutions but can not come up with that figure.

Has anyone done this task and managed to get to the 3542. I would be so grateful if someone could give me a break down of how to get it

Thanks

Comments

  • System
    System Posts: 100,534 🤖 Admin 🤖
    Re:HELP NEEDED!!!!!!!!!

    Hi Hobbit.

    I agree with Fiona.

    Scott.
  • System
    System Posts: 100,534 🤖 Admin 🤖
    Re:HELP NEEDED!!!!!!!!!

    Fixed Assets 2765 (3265-500)
    Debtors 850 (1050-200)
    Cash 527 (452-210)+85+200)
    Creditors -600
    = 3542

    Fixed Assets - minus £500 sale of land
    Debtors - minus £200 credit controller
    Cash - £452-£210 (original profit minus restated profit)
    £85 - original cash
    £200 - reduction in debtors, increase in cash
    Creditors - original creditors

    Hope this helps?

    Fiona
  • System
    System Posts: 100,534 🤖 Admin 🤖
    Re:HELP NEEDED!!!!!!!!!

    I can email you my answer if you wish (which agrees with Fiona aswell) but has the whole paper


    sandy.hood@chichester.ac.uk

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