[adialdas]

I’m taking F6 in December. If anyone is interested in studying together, let me know.

[adialdas]

Thanks for the response, John. I think I get it now!

[adialdas]

I also have a question pertaining to this question – Tirwen Co – December 2004 from the bpp kit.

For part (C) when calculating the revised EPS if funds received from the rights issue is used to redeem the 12% loan notes, the savings to the company was calculated as 12% by funds raised – $300,000. If anyone knows this question, I am not sure why the savings is equal to 12% of the funds raised. I know this might be a given, but I just don’t understand the logic in my head. Can someone help?

Thanks!

[adialdas]

Thank you so much for this!!

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