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O-LevelCommerceFinanceMay/June 2018Paper 2 Q320 Marks

Fig. 3 shows part of the balance sheet for AAA Ltd, a toy manufacturer. AAA Ltd is a private limited company. [Figure 3.0] Fig. 3 Balance Sheet BALANCE SHEET FOR AAA LTD AS AT 31 DECEMBER 2017 $000s Fixed (non-current) assets 350 Current assets 150 Current liabilities 90 Working capital ? Financed by: Bank loan 120 Share capital ? Use Fig. 3 to help you answer the following questions.

✓ Correct Answer

The correct answer is . This question tests the candidate's understanding of finance within the Commercesyllabus. The examiner's mark scheme requires...

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Common mistake: 62% of candidates selected the distractor because they confused... The examiner specifically designed this question to test whether students can differentiate between... To secure full marks, candidates must demonstrate...

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About This O-Level Commerce Question

This structured question appeared in the Cambridge O-Level Commerce (7100) May/June 2018 examination, Paper 2 Variant 2. It tests the topic of Finance and is worth 20 marks.

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