• Skip to primary navigation
  • Skip to main content
  • Skip to primary sidebar
Free ACCA & CIMA online courses from OpenTuition

Free ACCA & CIMA online courses from OpenTuition

Free Notes, Lectures, Tests and Forums for ACCA and CIMA exams

  • ACCA
  • CIMA
  • FIA
  • OBU
  • Books
  • Forums
  • Ask AI
  • Search
  • Register
  • Login
  • ACCA Forums
  • Ask ACCA Tutor
  • FIA Forums
  • CIMA Forums
  • OBU Forums
  • Qualified Members forum
  • Buy/Sell Books
  • All Forums
  • Latest Topics

20% off ACCA & CIMA Books

OpenTuition recommends the new interactive BPP books for June 2026 exams.
Get your discount code >>

december 2015 – cardale industrial metal co.-second question

Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA PM Exams › december 2015 – cardale industrial metal co.-second question

  • This topic has 3 replies, 2 voices, and was last updated 9 years ago by John Moffat.
Viewing 4 posts - 1 through 4 (of 4 total)
  • Author
    Posts
  • June 6, 2016 at 7:39 pm #320040
    vandananair
    Member
    • Topics: 8
    • Replies: 9
    • ☆

    Sir,

    In part c) the examiner’s solution says that if an investment of $6.8 had not been made net assets would have been only 10.04 million. I did not get this answer though.I got 11440 as my answer.

    June 7, 2016 at 8:27 am #320181
    John Moffat
    Keymaster
    • Topics: 57
    • Replies: 54835
    • ☆☆☆☆☆

    The net assets of N in the question = 14980+3260-1400 = 16840
    If you remove the 6800 new investment then it is 16840 – 6800 = 10040

    June 7, 2016 at 2:26 pm #320324
    vandananair
    Member
    • Topics: 8
    • Replies: 9
    • ☆

    thank you sir 🙂

    June 7, 2016 at 3:25 pm #320376
    John Moffat
    Keymaster
    • Topics: 57
    • Replies: 54835
    • ☆☆☆☆☆

    You are welcome 🙂

  • Author
    Posts
Viewing 4 posts - 1 through 4 (of 4 total)
  • You must be logged in to reply to this topic.
Log In

Primary Sidebar

Kaplan ACCA Free Trial

Donate
If you have benefited from our materials, please donate

ACCA News:

ACCA My Exam Performance for non-variant

Applied Skills exams is available NOW

ACCA Options:  “Read the Mind of the Marker” articles

Subscribe to ACCA’s Student Accountant Direct

ACCA CBE Exams – Instant Poll

How was your exam, and what was the exam result?

BT CBE exam was.. | MA CBE exam was..
FA CBE exam was.. | LW CBE exam was..

Donate

If you have benefited from OpenTuition please donate.

PQ Magazine

Latest Comments

  • aksemurtaza5 on Accounting for Limited Companies –  The statement of Profit and Loss – ACCA (FA) lectures
  • John Moffat on Activity Based Costing part 3 – Advantages of, and problems with – ACCA Performance Management (PM)
  • dubsforbill on PPE – revaluation upwards – ACCA Financial Reporting (FR)
  • saaranitinchandratre on Activity Based Costing part 3 – Advantages of, and problems with – ACCA Performance Management (PM)
  • adam on IASB Conceptual Framework – Introduction – ACCA Financial Reporting (FR)

Copyright © 2026 · Support · Contact · Advertising · OpenLicense · About · Sitemap · Comments · Log in