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Section E N1086 Formatted TAP A2 2019-20.... SECTION E This question does not specifically relate to the case study. Answer ONE QUESTION only Explain whether

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N1086 Formatted TAP A2 2019-20.... SECTION E This question does not specifically relate to the case study. Answer ONE QUESTION only Explain whether or not the statement of financial position shows how much a business is worth. (15 marks) 10. Explain why modern businesses tend to have higher levels of operating gearing than they did in the past. (15 marks) Case study on next page END OF PAPER

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