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July 19, 2020 at 4:02 am
Sir please how did u arrive at the finance cost of 500000 and the investment income of 70000.
May 21, 2020 at 9:24 pm
Hi…sir why didn’t we include the month of june when capitalizing?
June 21, 2020 at 12:18 pm
He did.. March 1 to June 31 is 4 months…
July 17, 2020 at 7:15 pm
He did capitalize the borrowing cost incurred in June. He didn’t capitalize the month of May because the construction stopped due to strike action.
February 14, 2020 at 6:04 am
What happens if you use the un rounded figure?
September 28, 2019 at 11:25 am
Dear, could you please explain how did you arrive at $70000 for investment income. per the below calculation it must be, 20M @ 4% x 1/12 = $66,667.
Many thanks in advance.
October 7, 2019 at 12:45 am
Round it off, you will get 70,000
December 3, 2019 at 4:49 pm
How will rounding up 66,667 give you 70,000?
December 12, 2019 at 9:31 am
Rounding it off to the closest 1000$ will give us 70,000$ and that’s what Mike has done in the video.
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