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Yilandwe – June 2015 Q 1

Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA AFM Exams › Yilandwe – June 2015 Q 1

  • This topic has 3 replies, 2 voices, and was last updated 7 years ago by John Moffat.
Viewing 4 posts - 1 through 4 (of 4 total)
  • Author
    Posts
  • November 4, 2018 at 1:00 am #483702
    Lee
    Member
    • Topics: 3
    • Replies: 54
    • ☆☆

    Hi.
    I am having some trouble remembering/understand how the Remittable cash flows of (479,290), (16,370),179,678 etc were calculated. When I convert , for say year 0, (46,800) * 101.4 , the answer is not (479,290). Looking forward to your response.

    November 4, 2018 at 9:58 am #483739
    John Moffat
    Keymaster
    • Topics: 57
    • Replies: 54835
    • ☆☆☆☆☆

    The amount at time 0 is 48,600 (not 46,800) million YR.

    The exchange rate is YR101.4 = $1.

    Therefore it converts to 48,600M/101.4 = $479.290M which is $479,290 thousand (the answer is showing the amount in $ thousands).

    November 4, 2018 at 4:35 pm #483798
    Lee
    Member
    • Topics: 3
    • Replies: 54
    • ☆☆

    Thanks.

    November 5, 2018 at 7:44 am #483842
    John Moffat
    Keymaster
    • Topics: 57
    • Replies: 54835
    • ☆☆☆☆☆

    You are welcome 🙂

  • Author
    Posts
Viewing 4 posts - 1 through 4 (of 4 total)
  • The topic ‘Yilandwe – June 2015 Q 1’ is closed to new replies.

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