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
75 Marks
Calculator is allowed
IB BUSINESS MANAGEMENT HL, Paper 2, May, 2014, TZ0, Solved Past Paper
Master the 2014 IB May for Paper 2 Business Management HL with examiner tailored solutions and comments for TZ0
Question 1 [Explained]
Jose owns AH Ltd, a private limited company that provides climbing and adventure tourism opportunities for children in Ecuador. The company is partly financed by a non-governmental organization (NGO) that promotes outdoor and other healthy activities in Ecuador. Due to an increase in tourism, AH Ltd has been working at full capacity. However, some issues have emerged, including concerns over the quality of climbing equipment and the lack of financial updates provided to the NGO. Jose presented the following financial figures to his accountant, Marco:
Financial Information | Amount (US$m) |
|---|---|
Cash | 0.1 |
Creditors | 0.8 |
Debtors | 0.2 |
Fixed assets - equipment | 1.5 |
Fixed assets - land and building | 9 |
Loan capital | 4 |
Retained profit | 2 |
Share capital | 4 |
Question 1 [a] [Explanation]
This question asks you to define specific financial terms related to AH Ltd's operations.
Question 1 [a] [i] [Explanation]
Define the term debtors.
Question 1 [a] [ii] [Explanation]
Define the term fixed assets.