[darz]

Thank you so much.

[darz]

OK.

[darz]

Why didn’t they use the gross amount of the loan to find the present value of the tax savings ie. 43.84 (42.97 x (100/98)?

[darz]

Quick question. .
Why use a 5 month contract of they need the money in 6 months time.
Is it because that’s what available?

[darz]

Ok I got it.

[darz]

Sir why did we have to calculate the PV of the Terminal Valu if they said ‘ the growth rate of the free Cash flows will be half the initial forecast sales revenue growth rate for the FORSEEABLE FUTURE. .
If it’s the forseeable future doesn’t thatean growth isn’t going into perpetuity.

[darz]

Ok. I understand. Thank you Sir

[darz]

So if the controls are assessed as strong, we do Test of Controls and then all do sufficient Substantive Testing to ensure the financial statement aren’t materially mistated?

[darz]

Ok Thank you.

[darz]

P3 exam was a Barrier to Enter the ACCA Industry. Sigh

[darz]

If the sub sells to the parent, the parent’s inventory is reduced?

[darz]

Hi Me. Mike,
in no. 4 of the adjustments, they made a loan to a charitable org. of $50.00. Am I right in assuming that this was an interest free loan because the $50.00 was brought to its present value and then that figure was used to start amortising?

If it is an interest free loan, are all loans to charities interest free?

[darz]

Yes it is. Thank you.

[darz]

Hi I have a question concerning Ribby.

The exchange difference in the Intragroup loan. Can I adjust the retained earnings of Zian with $2 after translation?. or do i have to adjust the Translation statement with 8 dinarr?

[Author]

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