[dongbula]

I passed with 50. I took Kaplan online courses and studied with opentuition.

[dongbula]

I had spent so much time on my P4, but the result is devastating, I feel so miserable right now. How can we get it right?

[dongbula]

working capital= current assets -current liability
06 wc=6206-5520=686
07 wc=686x(1+25%)=857.5
08 wc=686×1.25×1.25=1071.9
09 wc=686×1.25×1.25×1.25=1340

so incremental w.c from 07 to 06 is 857.5-686=172, ect

[dongbula]

Hi Azra,

The question told us that the Ke is 14%.

[Author]

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