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Old Example 5 – used in this lecture

Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA FR Exams › Old Example 5 – used in this lecture

  • This topic has 7 replies, 2 voices, and was last updated 8 years ago by MikeLittle.
Viewing 8 posts - 1 through 8 (of 8 total)
  • Author
    Posts
  • August 20, 2016 at 3:00 pm #334226
    Chloe
    Member
    • Topics: 95
    • Replies: 243
    • ☆☆☆

    Hi Mike

    I’m a bit confused by this example. In some instances where you are using the word ‘say’ I am thinking these figures have been made up? For example the first amount of 12000 for the value of nci that is supposed to equal 25%

    I am not sure where you got this?

    Thanks

    August 20, 2016 at 6:11 pm #334247
    MikeLittle
    Keymaster
    • Topics: 27
    • Replies: 23321
    • ☆☆☆☆☆

    Give me a clue please Chloe – which chapter are we looking at?

    August 20, 2016 at 6:14 pm #334248
    Chloe
    Member
    • Topics: 95
    • Replies: 243
    • ☆☆☆

    Chapter 7 – it is the third lecture down

    August 20, 2016 at 6:25 pm #334252
    MikeLittle
    Keymaster
    • Topics: 27
    • Replies: 23321
    • ☆☆☆☆☆

    Chloe, please don’t make me watch my own lectures!

    I’m now looking at Remigijus and Ilona and I see no mention of 12,000 so I assume that I’m illustrating something about the valuation of the nci

    Example 6 and onwards (Ivona and Guido) are illustrations of the different ways that the examiner could throw at you for the valuation of the nci so me mentioning ‘$12,000’ looks like a lead in to the students working out the nci for the various Ivona / Guido examples

    August 21, 2016 at 10:33 am #334331
    Chloe
    Member
    • Topics: 95
    • Replies: 243
    • ☆☆☆

    I wasn’t asking you to watch it, merely explaining that there is a lecture called that as it seems to be a question that has been added in i.e. not part of the usual notes.

    I remember this was there when I did the March sitting and I already have the notes printed out. Yes it is nothing to do with that example but is explained before you do the R&I question. Under the lecture there is the notes for the other example that has this ‘$12000’ come from somewhere.

    I am continuing to go through the other examples. However, I still don’t understand where this $12000 equaling 25% comes from.

    It is definitely something to do with valuation of the nci but for this question I don’t understand. Nevermind, I will look at the others and some questions in the revision kit.

    August 21, 2016 at 5:49 pm #334399
    MikeLittle
    Keymaster
    • Topics: 27
    • Replies: 23321
    • ☆☆☆☆☆

    It’s surely just me making up figures in the lecture trying to illustrate a point

    You mention that I say “Say ….” in the lecture

    That’s surely me making up something to write on the screen and isn’t related to any printed question in the notes

    August 22, 2016 at 8:02 pm #334597
    Chloe
    Member
    • Topics: 95
    • Replies: 243
    • ☆☆☆

    I really rather thought this was the case and I am probably overthinking it by trying to work out a calculation behind it.

    August 22, 2016 at 8:34 pm #334602
    MikeLittle
    Keymaster
    • Topics: 27
    • Replies: 23321
    • ☆☆☆☆☆

    I often use made up examples simply to illustrate a particular point. They don’t necessarily link in to any other point within a lecture!

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