These are explanations and solutions for IB past papers, not the official version. For official papers, you can go to IB Follet or access them through your school.
These are explanations and solutions for IB past papers, not the official version. For official papers, you can go to IB Follet or access them through your school.
These are explanations and solutions for IB past papers, not the official version. For official papers, you can go to IB Follet or access them through your school.
These are explanations and solutions for IB past papers, not the official version. For official papers, you can go to IB Follet or access them through your school.
02 Hours 15 Minutes
70 Marks
Calculator is allowed
IB BUSINESS MANAGEMENT HL, Paper 2, May, 2017, TZ0, Solved Past Paper
Master the 2017 IB May for Paper 2 Business Management HL with examiner tailored solutions and comments for TZ0
Question 1 [Explained]
Bart Furniture (BF) is a wholesaler that stocks furniture. In 2015, BF purchased more stock than usual in order to take advantage of discounts that several furniture manufacturers were offering. However, much of this new stock did not sell.
2015 | 2016 | |
|---|---|---|
Acid-test/quick ratio | 2.21 | 2.84 |
Cash | $2000 | $500 |
Cost of goods sold | $12166 | $12500 |
Creditors | $1000 | $1438 |
Current ratio | A | 5.47 |
Debtor days | 30 days | Y |
Debtors | $1973 | $6134 |
Long-term debt | $14000 | $13700 |
Sales revenue | $24000 | $26000 |
Short-term debt | $800 | $900 |
Stock | $4000 | $6164 |
Stock turnover in days | X | 180 |
Question 1 [a] [Explanation]
This question asks you to describe one feature of a wholesaler.
Question 1 [b] [i] [Explanation]
This question asks you to calculate the stock turnover in days for 2015 (X), showing all your working.