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Scenario You work for Sara & Co Financial Consultants. The business provides expert accounting analysis for selected businesses in Abu Dhabi. All customer cases are
Scenario You work for Sara & Co Financial Consultants. The business provides expert accounting analysis for selected businesses in Abu Dhabi. All customer cases are pooled together in the office in-tray and analysts pick or are allocated by their manager a business case to solve. Below is a selection of business cases for this month. In each task, you will be given a business case A, B or C to solve. You must show the full calculations of your solutions where applicable. Activity 1 (10 marks - E1: PC1.2) The following is a headline in the local business news in January 2020. "UAE prices set to rise by 4.8% each month until April, and decreased to 3.6% from May." a) The sales directors of the following 3 branches request you to forecast the monthly sales of their branches for Feb - June 2020. Also, calculate the total sales (excluding VAT) for the first half of 2020. (Round off your answers to two decimal places where applicable) The sales in January for each branch are: A B Abu Dhabi (AED) Dubai(AED) Al Ain (AED) 158 000 188 100 141 200 January Feb March April May June Total (excluding VAT) Total (including VAT) [---If VAT is also added, calculate the total sales (including VAT) using the standard UAE VAT rate. A B Abu Dhabi(AED) Dubai(AED) Al Ain(AED) Total (including VAT)
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