[akaysia]

Do you need the notes to follow the lectures or can you just make your own? I am self studying

[akaysia]

I just do the main headings – then stick in as I go as not all the things come up – start with cash change then work from top

[akaysia]

Ok had a moment then I get that

Thanks

[akaysia]

Oh so for the RE @ y/e I should have added the £19000 from 1/10/13 and the £8000 from 30/9/14?

[akaysia]

Ok yeah I get that thanks for that – I got another 2 questions –
A has purchased it’s head office using debt finance, and B leases its head office under operating lease.Both entities use their head office for admin purposes. Which ratios would be incomparable between the 2 – gross profit margin, NCA t/o, roce, current ratio, gearing and interest cover?

Also manco purchased £10m 5% bonds in a year. If both contractual cash flow characteristics test and the business model test are passed and manco wish to use alternative treatment how should the bond be accounted for?

[akaysia]

From the remaining goodwill I meant and I meant profit and loss. Would I work out the goodwill as normal then 10% from that add to the impairment I have already?

[akaysia]

It only gives you a chose of;

A. $1680000
B. $1760000
C. $2680000
D. $2760000

?????

[akaysia]

Ok thanks yeah I understand that – you take the remaining inventory divide by how much you sold for then x by the profit you would have made

[akaysia]

Ok I get the same 🙂 thanks

P purchased S on 1/7/05 y/e 31/12/05 they have below:
P. S
Rev. 3500. 1000
Cos. (2800). (800)
GP. 700. 200

In the year P sold goods to S for $2 million which were made evenly throughout the year. 20% of these goods remain in year end inventory – all of which we’re sold after 1/7. These goods were all sold at mark up of 25%. How would I work out the figure for the P group consolidated COS fit the year please?

I know they have only purchased part way through 6 months?

Thanks

[akaysia]

So would I have as follows:

Earnings / old shares x 4.5/4 x 9/12 then add number of shares after which is still 7 million x 3/12 x 7/5?

[akaysia]

Thanks – if I wanted to follow your lectures online would I need to print out the lectures too? As there are lots of pages? Is it best to follow the lectures that they appear on your list?

Many thanks

[akaysia]

Hi mike r there any exam tips u can give as I have failed this once already and could really do with some help. Is there of important cases to remember that I can memorise

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