[chicababes1991]

Question 3 December 2013
Sorry I made a typing error before

[chicababes1991]

It’s December 2013 q1

[chicababes1991]

The df of 10 percent was used in the formulae. How is the inflation accounted in the formulae?

[chicababes1991]

Thank you sir for the reply.

Since the operating surplus is expected to rise in line with the nominal GDP, what about the inflation? It is not going to be affected by the inflation
I still cannot understand this part

[chicababes1991]

the information on the table was

price calls puts

91
91.50
92
92.50
93
93.50

and then the other figures were the premium for the calls and puts for the month of March

[chicababes1991]

thank you sir.. brilliant explanation.. 🙂

[chicababes1991]

thanks sir..

but the number of years is not supposed to be taken into consideration

like 1/ ( 1 + r ) ^n

[chicababes1991]

thank you so much sir for helping me out.

[chicababes1991]

@ ana…. i think you are so right… u could not have said it better…. i think that is a very good point brought forward…

[chicababes1991]

thank you very much for your help!!

well understood

[chicababes1991]

question wireless ltd June 2008

wireless commenced trading on the 1 october 2012 and prepares accounts to the 31 march 2013

directors remuneration of $23000 paid to the managing director of wireless ltd together with the employer’s class 1 nic!

the remuneration is in respect of the period ended 31 march 2013 but was not paid until 5 april 2013

no accrual was made for this remuneration in the accounts

i cannot understand why the nic for class 1 is not time apportioned. the director worked from the 1 october- 31 march. how come the 7488 is not apportioned in the marking scheme???

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