- Sep 30, 2004
- Uni Grad
Share your thoughts here
Yeah, lost 2 or 3 marks, one mark cause I thought sugging was illegal, one mark because I had no idea what the four week annual leave was legally under and one more depending on whether 18 is LIFO or FIFO. I put down LIFO thinking that profits will be maximised as they'll pay less taxes (gross profit will be less) but IDK, right now I'm thinking FIFO makes more sense as they'll make more flat revenue and thus higher net profits.
FKKKKKKKK I guess its probably FIFO but it depends on whether they mean 'net profit' or 'net profit after taxes' when they refer to maximising its profit.
I guess I'll stop thinking about it and go do Chem and Physics T_T