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But it will be good if i paased atleast one from 2 papers as i studied so hard for these specially p4.
@arfan54 i attempted about 85% in both papers and this is my second attempt in p7 got 45 in ist attempt.but this time paper was ok as compared to last one
Yes i have attempted 2 papers p4 and p7 and my page shows grey/white page from 13 july.when i tried it on 9 july it shows error.but i dont think it mean anything
Attempt p1,p3.Dont think i should be passed because attempted about 80% in both.
Hello dear sir john i find this post very useful as my freind discuss,i also answered the factoring question like above except from fin cost for which i have taken 35 days instead of 60 days.my benefit of factoring is $13590.sir i want to ask whether i get some marks for this question as my answer is not matched with above. please have a look below
IF NOT FACTORED:($000) $
Fin.cost: 26750×35/360×5% = 148611
Bad deb cost: 26750×1% =267500
Administration cost = 50000
__________
Total cost if not factored = 466111
IF FACTORED:($000) $
F.cost: 26750×35/360×80%×7%=145639
F.cost: 26750×35/360×20%×5%= 26007
Bad debt:from abv 267500×30%= 80250
Factor fee: 26750×0.75% =200625
__________
Total cost if factored =452521
Benefit of factoring= $13590
Thanks