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D18 Q1 and J17 Q1

This topic has 1 reply, 2 voices, and was last updated 3 years ago by John Moffat.

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January 9, 2022 at 8:57 pm #645552
humai
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Sir in J17 Q1, in appendix 3 they have deducted 1800 from total PV as debt rather than 20% of total value as Debt. Whereas, if we see in D18 Q1 they have deducted 40% of total value as Debt. Why in J17 Q1 they are not following the same approach?
January 10, 2022 at 3:15 pm #645577
John Moffat
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You could have taken the same approach. Obviously the final answer would be different but there is almost never just one correct answer in AFM. Part (b)(ii) is where you should explain in the report the approach you have taken.
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