Explanation:

Step 1 – Calculate the total 2011 sales (Online and for the High Street) Online: £852,000 + £808,000 + £553,000 + £325,000 + £575,000 = £3,113,000 High Street: £644,000 + £483,000 + £336,000 + £456,000 + £678,000 = £2,597,000 Step 2 – Calculate the total 2012 sales (Online and for the High Street) Online: £3,113,000 x 1.2 = £3,735,600 High Street: £2,597,000 x 88% = £2,285,360 Step 3 – Calculate the total 2012 sales (Catalogue) £250,000 x 1.25 = £312,500 Step 4 – Sum the total January sales (Online, Catalogue and High Street) £3,735,600 + £2,285,360 + £312,500 = £6,333,460 = £6,333,000 (to the nearest £1,000) Thus the correct answer is (C), £6,333,000

Explanation:

Step 1 – Calculate the profit for online camera sales 15% x £553,000 = £82,950 Step 2 – Calculate the profit for High Street camera sales £82,950 x 7 / 9 = £64,517 Thus the correct answer is (B), £64,517

Explanation:

Step 1 – Calculate the quarterly expense budgets for each Department (excluding IT which is not shown in the answer options) HR: 6,500 / 4 = 1,625 Marketing: 16,000 / 4 = 4,000 Sales: 22,500 / 4 = 5,625 Finance: 20,000 / 4 = 5,000 R&D: 6,000 / 4 = 1,500 Step 2 – Compare to the Quarter 4 figures for each Dept. HR: 1,625 – 1,346 = £279 Marketing is over budget Sales: 5,625 – 5,245 = £380 Finance: 5,000 – 4,463 = £537 R&D is over budget Thus the correct answer is (D), Finance

Explanation:

Step 1 – Calculate the % of budget for travel costs 100% - 60% = 40% 40% / 2 = 20% Step 2 – Calculate the figure that this % represents 20% x (6,825 + 5,245) = 20% x 12,070 = £2,414 Thus the correct answer is (A), £2,414

Explanation:

Step 1 – Total the Finance Department’s expenses for all 4 quarters 4,257 + 4,830 + 4,545 + 4,463 = 18,095 Step 2 – Calculate the % for which there are receipts 14,476 / 18,095 = 80% Step 3 - Calculate the % for which there are no receipts 100 – 20 = 20% Thus the correct answer is (D), 20%