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April 18, 2020 at 2:17 pm
Thanks for the lecture. 13:26 made me laugh!
January 22, 2020 at 9:26 am
Hi A net current asset value usually refers to NBV(Net Book Value) in a balance sheet.
September 17, 2019 at 3:05 pm
When we recognize an asset in SFP do we have the freedom to choose the measurement?
January 22, 2020 at 10:17 am
need to measure reliably
January 22, 2019 at 3:21 pm
Hi Chris,. BPP has a question regarding Current Purchasing Power Accounting. Is that the same as present Value? It seems they want us to adjust for inflation which seems like Present Value, but in the other direction. Thoughts? Kind regards Michael
October 22, 2018 at 8:29 pm
Hi Chris, Thank you very much for the tutorial. You make this sound very simple Sorry but I couldn’t find the “Ask the tutor” link thus asking here I am not quite clear with the cash flow part. How did you get to the 28K? also the 5% rate will be given in the exam? Many thanks again Pam
December 31, 2018 at 12:51 pm
Both the 28k and the 5% would be given to you in an exam question. To find the “Ask the tutor” link then click on the “Forums” link at the top of the page and you will find it there.
September 12, 2018 at 5:26 pm
How do you establish a cost for Current Cost?
December 31, 2018 at 12:52 pm
You would just identify the same type of asset and look at what it would be worth today, which is effectively its fair value.
June 18, 2018 at 6:00 pm
Great lecture. Just the right speed. Thanks!
June 7, 2018 at 8:59 pm
Hello, great lecture. i did not get the present value technique with the discount @ 5% you write AF 1-8 = 6.463 how dow you get the figure of 6.463 from ?
thank you Franck
June 8, 2018 at 1:24 pm
Glad you enjoyed the lecture.
In the exam you would be given the annuity factor, or the discount factor for each of the eight years that you could then sum together.
As you’re interested the 6.463 has come from the formula 1/r[1 – (1/(1+r)^n)], were r = 0.05 and n = 8.
Have a go on your calculator and see if you can get it.
P.S. If you have any further questions, then can you please post them on the ‘Ask the tutor’ forum on the Open Tuition website as it is easier for me to respond. Thanks.
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