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March/Jun 23 Examiner Report

Forums › ACCA Forums › ACCA FR Financial Reporting Forums › March/Jun 23 Examiner Report

  • This topic has 1 reply, 2 voices, and was last updated 1 year ago by Kim Smith.
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    Posts
  • August 30, 2023 at 12:41 pm #690965
    doshihayt
    Participant
    • Topics: 1
    • Replies: 1
    • ☆

    Hi,
    I have got a question in Mar/June 23 Examiner report – Section B Question 5. The correct answer that they are telling is $107.64m, Whereas as as per their calculation the answer is shown as $107.76m, But when I calculate I am getting the answer:
    $103.8m+($60000*8%*(3/12)*80%) = $104.76m, There is no such option as $104.76.
    Can someone please help in identifying the correct answer? Should it be $107.64m or should be $107.76m?

    August 30, 2023 at 1:23 pm #690968
    Kim Smith
    Keymaster
    • Topics: 133
    • Replies: 8295
    • ☆☆☆☆☆

    It should say “The correct answer is C.” And option C, should be $104.76, and not $107.76.

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