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
C
Abu Dhabi (AED)
Duhai(AED)
Al Ain(AED)
January
158 000
188 100
141 200
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
C
Abu Dhabi (AED)
Duhai(AED)
Al Ain(AED)
Total (including VAT)