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F2-M2013-7b.pdf

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Question Subject name: F2 Exam sitting: May 2013 Question number: Q7b (18 marks)
Transcript

Question

Subject name: F2

Exam sitting: May 2013

Question number: Q7b (18 marks)

Suggested approach

Calculation of the ratios and then re-reading the opening scenario would have been the natural first steps, ensuring that the ratios selected were relevant for this question and covered both financial performance and position.

Answer


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