F292- Que Rico LTD Pre-release

There will be a calculation questions in part A and the first question of part b

yup which is why its essential to cover all the calculations lol. any predictions for the calc questions?

the obvious ones are payback and ARR, however it might be useful to know how to calculate PED, Labour turnover and know how the workings of a balance sheet work as they like to give a blank balance sheet and let you fill in the gaps, other than that there should be no shocks, hopefully anyway!

yeah i am hoping they go for the nice simple ones. i dont like the stock control charts which i have seen in one of the older past papers. the one where you have to fill in the gaps for the forecasted and actual variance is a nice one aswell, a good four markers. are you planning on doing any calculations/ratios from the profit and loss or balance sheet tommorow?

I'm honesty rubbish at the calculation questions, however i will include the statistics as evaluation in the longer answer questions, i don't know if that at all answers your question? i'm hoping for the ARR as its like 11 easy marks when paired with the payback on the new ovens and the advertising campaign

Payback for the marketing is 2 years 6 months (I think) and payback for the ovens is 3 years 4 months.

I think it's 7.5 and 11.67... don't know if that's right though.

How much of the case study are you going to try to memorise?

i am ot gonna try and memorise it all per se, but important bits i will such as the "aggressive discounting" and the high labour turnover, plus the reduced training initiative and the teething problems with the integrated IT system. for the ARR and Payback i will do the calculations again in the exam just to make sure they are correct and to demonstrate some working. thats it really, i will try and see if i can use some of the figures from the profit and loss and balance sheets but if not i will have to look at the case study in the exam. 2 hours is a decent amount of time so we should be okay. i wish i had 2 hours for my law exam yesterday lol.

provided we answer the questions to a reasonable standard then there is every chance we will get that A grade- you could drop 32 marks and still secure it last year. context is everything in section b lol and the numbers are there to aid us lol that is how i am thinking

Yeah, I'm trying to memorise the important bits that might come into questions, and I'm going to memorise the calculations before I go in so I know they're 100% right. I don't want to work it out wrong in the exam and drop marks, I really can't afford to do badly in this subject. >.>

How would you answer this question:

"Evaluate the usefulness of QRL's final accounts (Appendices 1 & 2) as a means of QRL's stakeholders assessing the 'health' of the business" ?

I'm stumped!