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FINANCIAL MANAGEMENT AAF002-3 Mock Exam Paper : Department of law and finance
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22

April 2025

2024/2025

A
Jim’s Shoes Ltd manufactures elite sports shoes. The main raw material for the production of these sport shoes is the shoe soles. Jim’s Shoes currently purchases these shoe soles at £4.50 per sole and it has locked this price in for the next four years with an agreed contract. The company is considering producing these soles in-house and is planning to buy a new machine that will allow them to manufacture these soles. The new machine to manufacture the shoe soles will cost Jim’s Shoes £...
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