[george99]

I can’t believe this I got 48% 3 attempt this people are in business they don’t want to loose. I did very well in multiple choice and q1 and 2 but q3 it was hard but I don’t think I was deserve a fail I am thinking to do CIMA I think I am wasting my time. With ACCA.

[george99]

This was the hardest I ever wrote in my exams special questions 3

[george99]

Thanks for your help I really appreciate it

[george99]

Sorry to bother you again sir I can’t this question I have tried the whole day but no luck please help me iam stuck the whole day.

[george99]

Please help me I am struggling with this two questions.

[george99]

no Sir i mean 0.33

[george99]

I will glad if you can work it out for me and explain to me.

[george99]

Good evening Sir

I am trying to work it out but I can’t understand please can you explain to me where does 20 come from for PPE and MVs where did this 20 come.

[george99]

Good day Sir

The net assets of Agrippa a CGU.

The property , Plant and Equipment 240
Motor Vehicles 115
Allocated Goodwill 60
Purchased Brand name 120
Net current assets at net realisable 30

As a result of adverse publicity Agrippa has a recoverable amount of only 450. The brand name has been expertly valued of 95.

please help with this question

I said 450-60=390 and 390*95/(95+240+30)=101.50 please helpme

[george99]

Good evening Sir

So if it is profit margin you do in way when do we do 70/100 please help me iam getting confused

[george99]

Good Mornimg Mike

Just a quick question on chapter 9 something I did understand why did you subract 124000-60000 on retained earning and where did you get that 40000*0.75*2/3*1*4.30= 86000 why you didn’t do this way I have seen you did this way 20000*0.75*2/3*1*3.3= where did you get 2

[george99]

Thanks Sir my answer have been answered it was just a question I have seen the figures in the second part of the question. I am very pleased now I really understand the concept and your lectures are very good I hope this time I will pass the only thing I have to master is ratios and small questions and Goodwill and the Retained earnings consolidated.

Thanks Mike very pleased and happy with lectures.

[george99]

Afternoon Sir

I just ask because I didn’t see those numbers until on the second lecture the other thing I want to ask is about the NCI why are you using post acq instead of using equity share multiple by the percentage of NCI just a question.

[george99]

Thanks for the advice I will try to do my best in December and P1 paper I have to pass these papers both they give me hard times where do I need to focus on P1.

Mike help also.

Thanks George

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