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MIni Exercise G/W Q7 Prime&Suspect

Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA FR Exams › MIni Exercise G/W Q7 Prime&Suspect

  • This topic has 3 replies, 2 voices, and was last updated 8 years ago by MikeLittle.
Viewing 4 posts - 1 through 4 (of 4 total)
  • Author
    Posts
  • September 27, 2016 at 7:52 am #341853
    bojanbih
    Member
    • Topics: 17
    • Replies: 16
    • ☆

    Mike,

    could you please help me to understand why is for RE calculation in FV of SNA @ DOA was taken a period of 8 months instead of 4?

    I understand that Acq. was on 1 June and data for RE was given for 30 September, and that is 4 months difference.

    Thank you in advance.

    Regards,

    September 27, 2016 at 8:06 am #341855
    MikeLittle
    Keymaster
    • Topics: 27
    • Replies: 23321
    • ☆☆☆☆☆

    There are 12 months in the year and if there are 4 months since the June acquisition up to the year end, how many months are there from the previous year end up to the date of acquisition?

    ???

    September 27, 2016 at 9:24 am #341863
    bojanbih
    Member
    • Topics: 17
    • Replies: 16
    • ☆

    Yes, yes… It’s so obvious.

    Thank you, Mike.

    September 27, 2016 at 11:32 am #341875
    MikeLittle
    Keymaster
    • Topics: 27
    • Replies: 23321
    • ☆☆☆☆☆

    It is really, isn’t it!

  • Author
    Posts
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