2023 AQA A-level BUSINESS 7132/2 Paper 2
Business 2 Question Paper & Mark scheme
(Merged) June 2023 [VERIFIED]
Please write clearly in block
... [Show More] capitals.
Centre number
Candidate number
Surname
Forename(s)
Candidate signature
I declare this is my own work.
A-level
BUSINESS
Paper 2 Business 2
Wednesday 7 June 2023 Morning Time allowed: 2 hours
Materials
For this paper you must have:
• a calculator.
Instructions
• Use black ink or black ball-point pen.
• Fill in the boxes at the top of this page.
• Answer all questions.
• You must answer the questions in the spaces provided. Do not
write outside the box around each page or on blank pages.
• If you need extra space for your answer(s), use the lined pages at the end of
this book. Write the question number against your answer(s).
• Do all rough work in this answer book. Cross through any work you
do not want to be marked.
Information
• The marks for questions are shown in brackets.
• The maximum mark for this paper is 100.
For Examiner’s Use
Question Mark
1.1
1.2
1.3
1.4
2.1
2.2
2.3
2.4
3.1
3.2
3.3
3.4
TOTAL
2
Answer all questions in the spaces provided.
0 1 Read the information below and then answer the questions that follow.
AJS plc
AJS plc is a manufacturer of non-recyclable packaging. This packaging is widely used by
takeaway food outlets. AJS plc plans to invest £500 000 in new technology to increase
capacity and make its factory more capital intensive.
Appendix A Data on proposed investment (produced by AJS plc’s operations manager)
Year
Annual net cash flow Discount factor
£000s (10%)
0 (500) 1.00
1 (50) 0.91
2 250 0.83
3 600 0.75
Appendix B UK market for non-recyclable takeaway food packaging
Do not write
outside the
box
*02*
IB/G/Jun23/7132/2
3
Appendix C UK market for recyclable takeaway food packaging
Appendix D Selected Human Resource data 2022
AJS plc
Industry
average
Average salary £22 000 £26 000
Salary costs as a percentage of turnover (%) 40 35
Labour turnover (%) 15 4
Working days lost through industrial action 25 5
Average number of applicants for vacancies 14 55
Appendix E Selected Financial data for AJS plc
2022
Current assets £550 000
Current liabilities £270 000
Non-current liabilities £4m
Operating profit £3m
Gearing 22%
Change in the share price of AJS plc over the year –15%
Change in the share price of the top 100 UK companies +8% over the year
Do not write
outside the
box
Turn over ►
*03*
IB/G/Jun23/7132/2
4
0 1 . 1Calculate the Net Present Value for AJS plc’s proposed investment.
[4 marks]
0 1 . 2 Using Appendix E, calculate the Return on Capital Employed for AJS plc in 2022.
[4 marks]
Do not write
outside the
box
4
4
*04*
IB/G/Jun23/7132/2
5
0 1 . 3Analyse why AJS plc has decided to become more capital intensiv [Show Less]