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Residual income

Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA PM Exams › Residual income

  • This topic has 1 reply, 2 voices, and was last updated 3 years ago by John Moffat.
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  • February 14, 2023 at 4:14 am #678846
    ilham9089
    Participant
    • Topics: 301
    • Replies: 190
    • ☆☆☆

    When using RI to see whether manager will accept new investment or not, does the RI have to be more than the RI without the new investment? Suppose it is $10000 without investment and with investment RI is $8000, therefore the manager will not accept new investment, correct?

    February 14, 2023 at 4:30 pm #678894
    John Moffat
    Keymaster
    • Topics: 57
    • Replies: 54835
    • ☆☆☆☆☆

    Yes, that is correct.

    (Have you watched my free lectures on this? The lectures are a complete free course for Paper PM and cover everything needed to be able to pass the exam well.)

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