Leaving Cert Accounting

Sunny!!

Just wondering is there anyone here that corrects and i was wondering about this. I badly need an A1 but noticed in the ratios question I made a mistake.

the ratio was
How long it would take one ordinary share to recover its value at present pay out rate.

So first I put down MP/DPS and worked out the answer. But wasn't sure and gently crossed it out so the examiner could see it. Then I put down MP/EPS and worked it out.

Will i get any marks at all for the bit i crossed out? Does the examiner correct everything?

Any help
thanks in advance

bobjimmy

Dps was the right one but since The EPS is so similar they will only correct this one. Saying this you wont get Zero. You should get about 4/5 out of ten for it.

P.S What Net Profit figure did you take for this question?

Sunny!!

bobjimmy wrote: »

Dps was the right one but since The EPS is so similar they will only correct this one. Saying this you wont get Zero. You should get about 4/5 out of ten for it.

P.S What Net Profit figure did you take for this question?

I would have took the 63000. The dps I worked out right and had the same answer to people here, it's just I crossed it out, they can still see it, once I don't loose the whole 10 it's ok:)

bobjimmy

Ya u defintiley wont lose full marks. I took the 63000 aswell but a whole load from my class took 43000 instead. Its the same as the 2007 paper except net profit isnt given. Dear god i hope were right.