PEV - December Exam

System
System Posts: 100,534 🤖 Admin 🤖
edited June 18 in AAT student discussion
Hi,
Can anyone please help me with how Capital Employed in task 2.2 came to be £3542. When doing the workings, the only one i cant get is ROCE, model answer says the answer is 12.76%? i know about the debtors being reduced but that still gives me £3600 and not £3542?
Please help

Comments

  • System
    System Posts: 100,534 🤖 Admin 🤖
    Re:PEV - December Exam

    Note sure which December exam, you are looking at but the figure rings a bell! Are you including the a long term loan with your figure.

  • System
    System Posts: 100,534 🤖 Admin 🤖
    Re:PEV - December Exam

    It was Dec 05 exam. Long term loan?
  • System
    System Posts: 100,534 🤖 Admin 🤖
    Re:PEV - December Exam

    Hi

    You need to look at this thread p.4 at mo
    05/05/2006 12:42:05 by Yulchik.

    I have posted replies on this paper on how to get these answers - sorry I don't know how to link to the thread but hopefully you can find it.

    Hope it helps - its a bit of a sticky question but good to practice in case they use a similar style one again.

    Tori :lol:
    Let me know if you can't find the thread and I will copy and paste.
  • System
    System Posts: 100,534 🤖 Admin 🤖
    Re:PEV - December Exam

    Yes i have found it and it now makes sense, i would never have got that without your help so thank you very much.
  • System
    System Posts: 100,534 🤖 Admin 🤖
    Re:PEV - December Exam

    Can you post me this thread because i cant find it, and i cant work out the answer as well!

    thanks

    michelle

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