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CIMA Exam CIMAPRA19-F02-1 Topic 2 Question 106 Discussion

Actual exam question for CIMA's CIMAPRA19-F02-1 exam
Question #: 106
Topic #: 2
[All CIMAPRA19-F02-1 Questions]

PQis a retail business.In recent years they have improved their financial performance andincreased their revenue. The following ratios have been calculated for the years ended 31 December20X4 and 20X3:

Which of the following explanations of PQ's financial performanceis consistent with these ratios?

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Suggested Answer: A, B, C, D

Contribute your Thoughts:

Elke
2 days ago
Hmm, I'm leaning towards option A. The increase in revenue and volumes sold points to a price reduction strategy. But I'd need more info on the inventory turnover and gross margin to be sure.
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Rodrigo
6 days ago
But reducing the unit selling price would lead to an increase in revenue, right?
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Johnna
7 days ago
I disagree, I believe the answer is D.
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Rodrigo
8 days ago
I think the answer is A.
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