Yeah, that's what I did too.
And I think the general sentiment coming from the marking centre over the years suggests to me that they will appreciate coherent and well supported responses of this nature, especially considering most of the state tend to neglect the heart of the module (which...
Phew, thankfully the 5k balance that I completely neglected will only strip me of one mark- they must have deliberately worked it so that students who rushed through and missed the figure could still gain marks for the second part, which would yield the answer of May whether it was included or not.
Yes, they can be secured against an asset (not always), although that has nothing to do with the question. A debenture doesn't 'provide security over assets' - a business offers assets as security, which is completely different.
The answer is C, as the other choices are plainly wrong.
For 2014,
total assets:10,000
total liabilities: 7,000
We know that assets=liabilities+equity
so equity = 3000
Using the formula, which they gave to us,
7000/3000 = 2.3
Therefore, the debt/equity ratio has 'worsened' because the firm has taken on more risk.
Hi,
could someone please explain why, in question 7, the 'resistive force' is not proportional to the mass of the particle, but it is for Julie's earrings (does it have to do with the terms 'resistive force' and 'air resistance' ?.
Thanks
The essay questions won't be on the last two years topics, and the short answers will likely change around as well. But, it is important to remember that, while it is possible to hypothesize and pontificate about what the questions might or might not be, there is no experience quite so...