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I got 60%, first attempt my tips are:
1)Know the IAS and the IFRS by heart and apply in the question
2)Do all questions, dont prolong on a question
3)Do Past Papers, especially most recent
4)Read the question requirements and then read the question
5)Re work the past papers several times
6)Mnemonics
7)Explain your answer in detailPassed with 55% i have no idea how, i messed so much. I didnt use kaplan and lectures just self study.
got 10 correct, section B i felt it ok expect q4 part a, part b i replied similar the moffats answer i.e miller modigliani. but i wrote pecking order and the traditinial theory aswell.
hope its a pass
@michaellouise100m said:
I chose A for MCQ1, so did quite a few others going by previous posts.Does anyone know how many of the MCQ’s were calculations, was it half or slightly more? I’m confident I got most of the calculation ones right, but not confident on the theory MCQ’s.
i think more theory.
im hoping of 9 or 10 correct.
@vipulv said:
Hi everyone question 4 why when we borrow now we dont do 4% x 6/12 ?? Answer shows 1.04 on borrow stage. Is this error ?it was 8%
seems i got more than 10 correct even 13 maybe because I forgot what I answered on all of them 🙂
re q5 MM states finance decision and dividend do not count?
@matsamary@yahoo.com said:
same here, I totally missed book value WACC, I noticed that when I had like 10 mins left and just wrote why book value and market value costs might have been differentI did worst I didnt comment either on part A…5 B then was ok gearing goes down, equity more expensive etc
But lets be positive from 9 marks we still can get 4 or 5 marks from part A only.
my only regret I misread question 5 part A I did only the MV of WACC, which I got right. But completly didnt read he wanted the book value :(. Free marks down the drain. And that may cost me pass or fail.
his fix cost was 155 every year which is wrong. So I reworked the NPV from the start.
@gazeboz said:
For me I would need 13 or 14 cos I screwed up a couple of Section B parts 🙁remember ques 4 and 5 had most marks. So if you went ok in them you are fine.
@dhameelolar said:
I think I made the same mistake, I added it back as a receipt and deducted the cost of machine for paymentthe wording wasnt that good “received in”, what if he said “received out”?
Oo
yes all surplus.
A mistake I did in that question I did is that I understood that the loan was paid back in and not that it took a loan. 🙁