[a7mdsuliman]

I guess it was a technical issue in the past two days.
it works now.

Thanks for your time sir

[a7mdsuliman]

Hello Mr John,
I meant exactly the revision kit live as it’d directing me to a not found page which has nothing there.
Thanks and appreciate your advice

[a7mdsuliman]

Section A was a little bit tricky with most of it
Section B was tough for me specially throughput question and rolling budget.
Section C was good for me specially the variance analysis.

Time was not enough for me to blink a second but I managed to finish it all

I got variance analysis and best night hotel questions in section C

Let me know how was your section B questions!!

Overall was ok until seeing my results ?

[a7mdsuliman]

charges will be 3 parts :- first from the interest charge for the first year finance lease which will be 333,600 – 80,000 = 253,600 interest charge 10% so it will be 25,360

second will be depreciation of leased plant :- 333,600 / 5 = 66,720

third is operating lease :- 12,000 * 6/12 = 6000

so the total will be (25360+66720+6000)

[a7mdsuliman]

Oh i got confused, in advance payment should be deducted first then to add the interest.
your answer is correct.

[a7mdsuliman]

look for my work below :-

lower of pvmlp or fv will be 340,000
we will add the interest at the beginning as its advance payment
so *10% will be 34,000; gives us 374,000 minus the annual payment (90,000) :- net of 284,000

OUR ANSWER SPL:-
Interest = 34,000
operating lease which related to the year (acquired in jan) so 18000*9/12= 13,500
Depreciation= 340/5=68,000

total of 115,500.

i hope to be the correct.

[Author]

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