Question 3 was really hard. Did anyone else just not see the issues? And the WACC???
It was like nothing I’d ever seen before and I’ve done all the questions in the BPP Study text!
For Question 3 re the football players I said that the players are assets and all fees should be capitalised with them under IAS 16 (See question Seejoy in BPP study text). Is this way off? Think I may have done a strong question 1 and 4 so hoping for 50!