The Examiner's Answers – F1 - Financial Operations - Nov 2011

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The Examiner's Answers – F1 - Financial Operations Some of the answers that follow are fuller and more comprehensive than would be expected from a well-prepared candidate. They have been written in this way to aid teaching, study and revision for tutors and candidates alike.

SECTION A Answer to Question One 1.1

D

1.2

D

1.3

A

1.4 $000 600 5 605 363 968 (1,200) 9 223 55.75

Cost Additional costs Indexation (605x60%) Selling price Selling costs Taxable gain Tax @ 25% Answer = A

1.5

B

1.6

C

1.7

A

1.8

C

Financial Operations

1

November 2011


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