Exam CIMAPRA19-F03-1 Topic 2 Question 319 Discussion

Actual exam question for CIMA's CIMAPRA19-F03-1 exam
Question #: 319
Topic #: 2
A company generates and distributes electricity and gas to households and businesses.
Forecast results for the next financial year are as follows:

The Industry Regulator has announced a new price cap of $2.00 per Kilowatt.
The company expects this to cause consumption to rise by 15% but costs would remained unaltered.
The price cap is expected to cause the company's net profit to fall to:

Suggested Answer: A Vote an answer

by Lucien at Dec 11, 2023, 09:58 AM

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