[accastudent110]

Got mine at 5.30 pm UK time

[accastudent110]

Congratulations everyone, also passed

[accastudent110]

Wonder who was polling then

[accastudent110]

I just received an email from OBU saying there is a delay and that results will be released on Wednesday 25th September.

[accastudent110]

Hi, I’m due to submit my RAP in May this year. I have been scanning the OBU forums trying to find the answer to my question but haven’t seen it yet. My main company’s 2018 annual report is out and was released within the 90 days period so I would have to use it but comparator company only has reports till 2017. Would it be alright for me to use annual reports for they years 2015-2017 for both companies and state the limitation? Or would i be penalized for this?

[accastudent110]

Is it necessary to state who came up with the theory, or is it sufficient to know the theory alone?

[accastudent110]

Thanks 🙂

[accastudent110]

Dec 2011 Qstn 1, Traveller:
Under the goodwill impairment calculation of Captive the unrecognized NCI is stated at 30.05 in the answer sheet. Could anyone explain how this figure was arrived at?
Thanks.

[accastudent110]

then i would love to receive! 🙂

[accastudent110]

Hi, are you giving away p2 books?

[accastudent110]

scraped through with 54

[accastudent110]

satisfied with 62

[accastudent110]

Hi, is the answer to this 18.6%

Also, what does it mean that the beta value of the company’s equity is 1.1?
Is it used in the calculation?

[accastudent110]

Hi,
If you look at the marking scheme of the Dec 09 paper, you will notice that the examiner has commented at the end of the answer to part (b) that including financing cashflows and discounting them using WACC is also acceptable.
If you include everything, tax savings on capital allowances and all, you will get an NPV of about 141000 which is also acceptable as that is the answer shown in the BPP revision kit for this question. Hope that helps.

[accastudent110]

Hi, I’m also having a problem with part (a)Calculating WACC:
In determining Kd the solution shows that the bonds will be redeemed at a 10% premium to par, whereas the question does not state that this will be the case?
Please help!

[accastudent110]

Hi, was just wondering what topics will be discussed in the first study session?

[accastudent110]

86%

[accastudent110]

68

[accastudent110]

@adotkhan said:
hey guys i got my consolidation balanced it came 111300, any one else got this figure…

Q.2n my final account was like 2004000………

Q.3 cash flow was ok but attempted my best….

Rest Q4 was ok, Q5 only had time to attempt theory, rest numerical was about to start time ended up….

InshALLAh i hope for more than 50 %…..

number one didnt balance but got 112300 for assets n sumthng pretty close for eq n liabs

[accastudent110]

terrible paper..anyone know what the treatment was for the leasehold property in number two?

[accastudent110]

I think it should be 1/(1+0.1) to the power of 2 (for two years)
So first you calc 1+0.1=1.1
Then 1.1 to the power of two= 1.21, after which 1/1.21= 0.826446281
Multiply 0.826446281 by (2.42* the number of shares acquired) to get the present value.

[accastudent110]

10000k cannot be the prev yrs dep being added back as they also added it back to ret earn b/f. to ret earn b/f they also added 6000 prov and subtracted 13000 dep in addition to adding back 10000 old depn.
can you explain.Thanks again.

[accastudent110]

@accastudent110 said:

Can you explain this qstn and especially why 80+(80*2.5) has been done?
Thank you.

@werty said:
I think you’ll find that 80*2.5 does not equal 280! It’s actually ( 80 + (80*2.5))

Is that clearer?

but thats what im asking, why 80+(80*2.5)?

@rey270, thanks i can see that also works 🙂

[accastudent110]

ok thanks, got it now.

[accastudent110]

I dont understand the date, why should we find the corrected retained earnings as at sept 05 when we are calculating as at sept 07?
thanks again.

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