Ib G Jun17 Accn2 Mark Scheme Repack May 2026

Calculating gross and net profit margins, current ratios, and liquid (acid test) ratios.

If you calculate a wrong total for "Gross Profit" but use that wrong figure correctly to calculate "Net Profit," the mark scheme allows you to earn the marks for the Net Profit calculation. 2. Quality of Written Communication (QWC) Ib G Jun17 Accn2 Mark Scheme

Use a red pen to mark your work against the scheme. Pay close attention to where you lost "easy" marks, such as missing headers or incorrect labeling. Calculating gross and net profit margins, current ratios,

In ACCN2, marks aren't just for numbers. The June 2017 mark scheme allocated specific points for the clarity of explanations. When asked to evaluate a company’s liquidity, students were expected to use professional terminology and provide a balanced argument. 3. Precision in Adjustments Quality of Written Communication (QWC) Use a red