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Vogel Co. june 2014

Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA AFM Exams › Vogel Co. june 2014

  • This topic has 1 reply, 2 voices, and was last updated 5 years ago by John Moffat.
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  • January 18, 2021 at 12:12 pm #606821
    Noah098
    Member
    • Topics: 935
    • Replies: 352
    • ☆☆☆☆☆

    sir in Vogel Co. june 2014, i don’t understand where this 64.9% is exactly coming from?

    “Based on the calculations given above, it is estimated that the value created will be 64.9% or $285.80m.”

    January 18, 2021 at 4:01 pm #606940
    John Moffat
    Keymaster
    • Topics: 57
    • Replies: 54835
    • ☆☆☆☆☆

    I have absolutely no idea where the 64.9% is coming from (and neither, it would seem, have BPP because in their Revision Kit they have as usual simply reprinted the examiners own answer, but have left out the 64.9% from that line).

    It is not required anyway as part of the answer.

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