Page 3 - CIMA MCS Workbook August 2018 - Day 1 Suggested Solutions
P. 3

SUGGESTED SOLUTIONS



                  Question                          Response


                  Is GymFiT cash rich?              Cash has fallen from C$3.9m to C$0.4m, mainly to fund
                                                    investment in new tangible assets. (p15)



                  Is revenue expected to increase or   Increase by 26% (p17), presumably due to opening further
                  decrease in 2018? Why?            gyms and making new acquisitions.









































































                  KAPLAN PUBLISHING                                                                    45
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