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What i can tell you is, i did npv divided by inital investment. Ranked the projects. Then made investment scheduale, took project E as it had a higher npv than project C. Then for the remaining investment for the project ranked last, i multiplied by the decimal figure i got from the ranking. And i even checked it on the open tution, its npv divided by investment. But i guess anyway you do, you would get the same ranking.
The examiner does it npv divided investment. So i did the sameway as you. But i think the ranking still comes the same.
I got the figures. But while totally my present value i made a totalling mistake. Thats why:/ rest i adjust the sales, variable cost, took the fixed cost and rest was tax allowance and tax calculation, which i computed on arrear basis.
What if i have got my figures right in the npv question but i have made a error in totalling of the calculation?
If someone remembers their mcq answers, do share them. Especiay section A. Wanna match my answers!
What about the mcq answer for the budgeting, revenue contract, credit entry for tax, the the 2nd last mcq for the consol, which had option of 10, 45 and all? Then there was a mcq related to goodwill, revaluation in consol? Remember these?