AQA A Level Business Paper 1Watch this thread
87.6 for payable days
8.5 inventory turnover
may be wrong
edit: just realised I did total assets/total liabilties not current assets/current liabilities, but wrote out the correct formula and expressed the answer to 1, how many marks will I lose?
I thought it was alright. Forgot to answer a multiple choice question and I knew what the answer was but as the examiner went to pick the paper I turned to the question so didn’t get to answer it. 25 markers were decent. 9 markers were alright. For current ratio I got 25/19:1, other people got like 105/69:1. They included everything but I only included receivables and inventory divided by payables and overdraft.
Payable days = payables/cos
inventory turnover = cos/inventory
CR= CA/CL CA: inventory and receivables CL: overdraft and payables
For the last 25 marker on flexible contracts does anyone know if u have to link to ethics as I didnt think it was a main demand of the question. The question was just 'should all businesses avoid flexible contracts'
i mean i did that too tbf. wait what did you write. i wrote about zero hours contracts and how its bad that they can be called in either hardly ir too much and they can be demotivated and i put its dependent on the size of the firm cus if theyre big like tesco theres always people to cver it but if its small like a local bookstore they cant
i wrote flexible working is good as working from home is motivational and part time workers can help meet seasonal demand. but a seasonal workforce means there are high recruitment costs and overall a less skilled and experienced workforce