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Difficulty in the two of the four questions online quick test Chapter 5 IAS 23

Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA FR Exams › Difficulty in the two of the four questions online quick test Chapter 5 IAS 23

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  • February 11, 2020 at 6:51 am #561326
    farhaanm
    Participant
    • Topics: 165
    • Replies: 73
    • ☆☆☆

    I got question 1 and 3 wrong. I followed the method of calculating weighed average as demonstrated in the lecture. For question 1 I got weighted average 9.77% and add 9.77%*9/12*6 M and 9.77%*5/12*2 M. For question 3 I got weighted average 11.6% and add 8/12*60M*11.6% and 2/12*20M*11.6%. Please help me out. Thanks

    February 12, 2020 at 9:30 pm #561566
    P2-D2
    Keymaster
    • Topics: 4
    • Replies: 7177
    • ☆☆☆☆☆

    Hi,

    I think that you need to revisit how you have calculated the weighted average borrowing rate. Show me how you have calculated the percentages and I can show where you have gone wrong.

    Thanks

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