MDCL Sample Assessment 1 task 5c
Options
BethG
Registered Posts: 5
Hi, please can someone explain how to figure out the following question...
Thanks!!
Thanks!!
0
Comments
-
Do you have the actual answers, as I'm doing 2013 so can't look them up, and doing this from memory? Indexes would be under Forecasting Techniques. In the 2013 e-learning under Forecasting, page 4 this is shown as
New Price =
Old Price x Index in month you are going TO/ Index in month you are coming FROM
So, according the the AAT's format this would look like:
Jan's price is £129,000 x 170/170
March price is £132,000 x 170/172
June price is £135,000 x 170/1740
Categories
- All Categories
- 1.2K Books to buy and sell
- 2.3K General discussion
- 12.4K For AAT students
- 264 NEW! Qualifications 2022
- 144 General Qualifications 2022 discussion
- 9 AAT Level 2 Certificate in Accounting
- 45 AAT Level 3 Diploma in Accounting
- 66 AAT Level 4 Diploma in Professional Accounting
- 8.8K For accounting professionals
- 23 coronavirus (Covid-19)
- 268 VAT
- 90 Software
- 271 Tax
- 133 Bookkeeping
- 7.1K General accounting discussion
- 195 AAT member discussion
- 3.8K For everyone
- 38 AAT news and announcements
- 345 Feedback for AAT
- 2.8K Chat and off-topic discussion
- 578 Job postings
- 16 Who can benefit from AAT?
- 35 Where can AAT take me?
- 42 Getting started with AAT
- 26 Finding an AAT training provider
- 48 Distance learning and other ways to study AAT
- 25 Apprenticeships
- 66 AAT membership