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Accounting Paper 1, November 2024, question 3.3

Accounting P1 · Analysis and interpretation
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Financial indicators of Karoo Fresh Ltd: Earnings per share: previous year 150 cents; current year 168 cents Return on average shareholders’ equity: previous year 12%; current year 18% Interest rate on fixed deposits: 8%
3.34 marks
Comment on whether the shareholders of Karoo Fresh Ltd should be satisfied with the earnings per share (EPS) and the return on average shareholders’ equity (ROSHE) for the current year. Support your comment by quoting TWO financial indicators with figures.

NSCBased on Nov 2024 · Paper 1 · Q3.3

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What examiners found

A figure and a trend were given with no comment on what it means for shareholders, so the explanation marks were lost.

In our words. Source: Department of Basic Education, NSC 2024 Diagnostic Report, Part 1 (Book 1), Q3.3.

Updated