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CIMA Exam CIMAPRA19-F02-1 Topic 1 Question 37 Discussion

Actual exam question for CIMA's CIMAPRA19-F02-1 exam
Question #: 37
Topic #: 1
[All CIMAPRA19-F02-1 Questions]

LMis preparing itsconsolidated financial statements for the year ended 30 April 20X5. Duringthe year LM acquired 30% of the equitysharesof AB givingitsignificant influence overAB.

LMconductedratio analysis comparing the financial performance of the group for 30 April 20X4 and 20X5.

Whichof the following ratios wouldnot becomparable as a result of the acquisition of AB?

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Suggested Answer: C

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