Business Studies · Oct / Nov 2024 · Paper 12 · Question 3
7115
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HRO manufactures children’s toys. It is a private limited company. The main objective of HRO’s shareholders is to increase profit. This might conflict with the objectives of other stakeholder groups, including its 30 suppliers. HRO’s Managing Director knows that market research can help when making marketing decisions. The Finance Director is preparing HRO’s statement of financial position. An extract is shown in Table 3.1. Table 3.1 Extract from HRO’s statement of financial position at 30 June 2024 ($000s) Non-current assets 480 Current assets 250 Current liabilities 200 Non-current liabilities 300
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3(a)[2]
3(b)[2]
3(c)[4]
3(d)[6]
3(e)[6]
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