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    Not too bad but i think theme 1 is gonna pull me down. And how the **** do you calculate profit margin. Probably got at least a few marks for showing the formula.
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    Well that went better than expected....
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    How did everyone find it?
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    I found that to be the best paper so far!
    I messes up calculating the current ratio, but everything else was amazing!

    Apart from that definition of current liabilities
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    What did people get for the calculations?
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    When you see the 20 marker and you're like







    Went better than the first paper but I'm still weary about what grade I'll get. The maths questions were so annoying and I ran out of time and did only half a ten marker. And the current liabilities definition question I screwed up..
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    (Original post by GreenNinjaa)
    I found that to be the best paper so far!
    I messes up calculating the current ratio, but everything else was amazing!

    Apart from that definition of current liabilities
    What did you get?
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    I got 26000 for the profit, 14.5 for the safety margin
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    (Original post by ZULU-WARRIOR)
    Not too bad but i think theme 1 is gonna pull me down. And how the **** do you calculate profit margin. Probably got at least a few marks for showing the formula.
    Profit divided by sales rev x 100
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    (Original post by kassy12324)
    I got 26000 for the profit, 14.5 for the safety margin
    Same but i put 14 for the M.O.S what did u get for the ratio?
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    (Original post by Bobby9444)
    Same but i put 14 for the M.O.S what did u get for the ratio?
    I couldnt work out the current assets so i just did a random number from the table divided by the current liabilities! So i got 0.74:1
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    (Original post by Bobby9444)
    Same but i put 14 for the M.O.S what did u get for the ratio?
    I got something like 1.287 : 1 or 2.8 : 1, something ridiculous for that, wbu?


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    (Original post by Bobby9444)
    Same but i put 14 for the M.O.S what did u get for the ratio?
    It was current assets/ current liabilities.
    Expressed in the ratio of what you got :1

    So i got 2.99:1
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    (Original post by Bruce267099)
    It was current assets/ current liabilities.
    Expressed in the ratio of what you got :1

    So i got 2.99:1
    I got that but didnt put :1 will i lose a mark?
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    Didn't know whether to include cash as a current asset, so I did both and got 1.8 : 1 (if I remember correctly) and 3 : 1, rounded to the nearest 0.1.
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    (Original post by Bobby9444)
    I got that but didnt put :1 will i lose a mark?
    Probably becuase it is usually how many times your current assets can pay your current liabilities so yeah just 1.
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    I got 2.99:1 for the current ratio, £26000 for profit and 14 for margin of safety (on the basis that you can't have 0.5 of a unit, especially not 0.5 schools)


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    (Original post by TheASM98)
    Didn't know whether to include cash as a current asset, so I did both and got 1.8 : 1 (if I remember correctly) and 3 : 1, rounded to the nearest 0.1.
    I forgot the difference between the acid test and current ratio so i guessed and picked the right one.
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    Overall I'm actually really happy with how it went - much easier than theme 1 (don't want to jinx it)


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    (Original post by Bobby9444)
    What did you get?
    £26,000 for the profit
    Messed up the ratio one, I did current liabilities/ current assets ... Supposed to minus right? Ended up with 1 point something
 
 
 
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