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Connie3667

Profile picture of Connie3667
Active 4 years ago
  • Topics: 3
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Viewing 16 posts - 1 through 16 (of 16 total)
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  • March 7, 2023 at 10:51 pm #680455
    86c9d19be0e590727a5fe270e059cbe94fdf5987fc63c3b674fc3711675cf703 80Connie3667
    Participant
    • Topics: 3
    • Replies: 16
    • ☆

    Does anyone write the four working days a week or work from home can effectively improve the staff motivation in question 5?

    The online book sales can be used more than the physical sales, so the working day can suggest to be reduced.

    Technical article has also mentioned this point.

    December 9, 2022 at 10:54 pm #674125
    86c9d19be0e590727a5fe270e059cbe94fdf5987fc63c3b674fc3711675cf703 80Connie3667
    Participant
    • Topics: 3
    • Replies: 16
    • ☆

    For the first question asked about OTC forward and OTC option, these were like a past paper of Dec 2012 first part, for option which used spot rate without contract size and contract currency.

    November 25, 2022 at 11:17 pm #672624
    86c9d19be0e590727a5fe270e059cbe94fdf5987fc63c3b674fc3711675cf703 80Connie3667
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    • Topics: 3
    • Replies: 16
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    Thank you 🙂 🙂

    November 25, 2022 at 12:40 pm #672560
    86c9d19be0e590727a5fe270e059cbe94fdf5987fc63c3b674fc3711675cf703 80Connie3667
    Participant
    • Topics: 3
    • Replies: 16
    • ☆

    Thanks for your reply!
    4.7% is the first calculated cost of bond without implementing any proposals, I am not sure why the 4.7% cost of bond disappear and became 6.2%.
    But now I realized due to the credit rating changed to Ca3, so full of the debt changed accordingly.
    Otherwise, the 4.7% of the bond should be included in the WACC calculation if the credit rating remains unchanged.

    November 25, 2022 at 12:32 am #672450
    86c9d19be0e590727a5fe270e059cbe94fdf5987fc63c3b674fc3711675cf703 80Connie3667
    Participant
    • Topics: 3
    • Replies: 16
    • ☆

    Sorry, I know the reason that the rating changed would lead to the original cost of debt changed accordingly.
    So they both became $100 bond value and 6.2% cost of bond.

    November 12, 2022 at 11:58 pm #671328
    86c9d19be0e590727a5fe270e059cbe94fdf5987fc63c3b674fc3711675cf703 80Connie3667
    Participant
    • Topics: 3
    • Replies: 16
    • ☆

    Thank you so much for your help and reply, I will use more Excel formula method than others.
    You are right that it is different to actual Excel, so I did a lot of practices in CEB platform spreadsheet already and hopefully can do it very smooth.

    November 11, 2022 at 2:26 pm #671260
    86c9d19be0e590727a5fe270e059cbe94fdf5987fc63c3b674fc3711675cf703 80Connie3667
    Participant
    • Topics: 3
    • Replies: 16
    • ☆

    For example, Talam Co Mar/Jun 19 appendix 1 (part b):
    The net cash flows was -36,032-3,908+3,820+23,193+29,584, then we can use the present value table 11% for Y1-Y4 = -36032*1-3908*0.901+3820*0.812+23193*0.731+29584*0.659 = -1.329m (if I have the rounding issue, then I calculated it at +$0.54m)
    But if I used excel formula = NPV(11%, y1 to …), then it results at -$4.035m which may close to the exam kit answer -$6m.

    So, I am not sure whether we should use the present value table directly during the exam if they have different results.

    November 11, 2022 at 1:56 am #671222
    86c9d19be0e590727a5fe270e059cbe94fdf5987fc63c3b674fc3711675cf703 80Connie3667
    Participant
    • Topics: 3
    • Replies: 16
    • ☆

    May I ask that using the present value table directly during the exam is better or using the formula such as =NPV(discount rate, CF Y1 to…) is better?

    Because I found that they are completely different using different two methods, they may result one positive NPV or one negative NPV if they are so close to negative amount. (maybe the rounding problem) For example, Talam Co question I used the formula table, but final NPV amount is totally different.

    But if I using the formula method in spreadsheet, then next question to ask about the present value of cash flow for the year 3 and year 4 so that I need to try again for calculating each year present value, then I found it using the table would be better at the start of the question.
    Would you please advise which one method would be better.

    November 4, 2022 at 9:14 am #670656
    86c9d19be0e590727a5fe270e059cbe94fdf5987fc63c3b674fc3711675cf703 80Connie3667
    Participant
    • Topics: 3
    • Replies: 16
    • ☆

    Thanks a lot for your reply and explain, I understand now!

    Maybe a lot of the past paper questions were receipts from customers… so I always remember selling it to the company’s local currency by put option if the contract size is different to the company used currency .

    June 9, 2022 at 8:22 am #658043
    86c9d19be0e590727a5fe270e059cbe94fdf5987fc63c3b674fc3711675cf703 80Connie3667
    Participant
    • Topics: 3
    • Replies: 16
    • ☆

    Thanks a lot for your reply and well noted about the new notes!

    June 9, 2022 at 4:05 am #658017
    86c9d19be0e590727a5fe270e059cbe94fdf5987fc63c3b674fc3711675cf703 80Connie3667
    Participant
    • Topics: 3
    • Replies: 16
    • ☆

    Hello, may I know what time you would introduce the chapter about the new 20 professional marks? Or the chapter had already created?
    May I know the textbook of Kaplan that will add the criteria or scenario of professional marks in the books and exam kit as well?
    As the Kaplan textbook has still not yet to launch for 2022/23. Please advise and thanks a lot!.

    May 26, 2022 at 11:57 pm #656528
    86c9d19be0e590727a5fe270e059cbe94fdf5987fc63c3b674fc3711675cf703 80Connie3667
    Participant
    • Topics: 3
    • Replies: 16
    • ☆

    I got an email “Important exam notice – you have not passed the system test” for J22.
    May I know that is it unusual to issue this email?
    Because I passed many times regarding the minimum requirement system test and mandatory system test.
    I also had an experience in M22 using remote on demand method, and no technical issues occurred and got a pass result for this exam.
    So, I don’t know why ACCA said that I have not passes the system test.

    They also said that “Our records show that you have not yet met the eligibility criteria to use the withdrawal post-exam option should you need to do so. This means that if you experience technical issues, unless you take the steps outlined below, you will not be able to withdraw your exam and receive an exam credit.”

    Is this due to my J22 exam (ATX-HKG) which is unable to re-book in next week if any technical issues occur, so they ask me to ensure that I have only one chance to take J22 exam and make sure I passed the system test?

    Also, the exam docket still not yet to receive, I don’t know whether it would be due to the above issue.

    March 11, 2022 at 12:32 am #650958
    86c9d19be0e590727a5fe270e059cbe94fdf5987fc63c3b674fc3711675cf703 80Connie3667
    Participant
    • Topics: 3
    • Replies: 16
    • ☆

    I received the email that Acca offers a reschedule option to rebook or withdraw due to the technical issue.
    But they also arranged an additional 30GBP to credit our myACCA account.

    March 10, 2022 at 12:04 pm #650836
    86c9d19be0e590727a5fe270e059cbe94fdf5987fc63c3b674fc3711675cf703 80Connie3667
    Participant
    • Topics: 3
    • Replies: 16
    • ☆

    When I can go to the Exam planner page, the “Launch Exam” button still here even though my check-in time was closed.
    I don’t know what should I do as I received the apologies email from Acca but they do not have any advice.
    No withdraw or rebook button in the exam planner page at that moment.

    March 10, 2022 at 7:18 am #650711
    86c9d19be0e590727a5fe270e059cbe94fdf5987fc63c3b674fc3711675cf703 80Connie3667
    Participant
    • Topics: 3
    • Replies: 16
    • ☆

    Hong Kong got the same issue, I am unable to access “Book an Exam” page. The customer service told that the exam will allow to book either on the next week Thu or June session. And he said this issue is globally for the remote exam.

    March 10, 2022 at 5:01 am #650622
    86c9d19be0e590727a5fe270e059cbe94fdf5987fc63c3b674fc3711675cf703 80Connie3667
    Participant
    • Topics: 3
    • Replies: 16
    • ☆

    I have already obtained the exam docket successfully in two weeks ago, and I need to enter into “Book an Exam” page to start my exam in an hour but it appears “You are not authorised to access page”. I don’t want to reschedule my exam.

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Viewing 16 posts - 1 through 16 (of 16 total)

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