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I selected 0 as payment would be received after the asset was transferred… Still Confused though 🙁
I got the same Oxford and S question.
For Section B, leases question, I wonder what you selected for the UNIT 13 revenue to be recognised? And a low value lease that had 15000 payments to be made annually what would go in the expense?I don’t remember my answer for the value of info, I answered variance analysis. Both True.
For the w AVG cost, I did total cost divided by total litres.
My mix was 230.
Not sure if those are right but I did those.It was difficult not to mention the time management was difficult too due to questions being so tricky. Even the theory OTQs were tricky.
Passed with 73 first attempt! I made some silly mistakes due to exam pressure that I had told myself lots of times while practicing that THIS mistake mustn’t be made. Glad that it went well. Opentuition lectures helped in difficult areas. Thank you so much!
4 and a half hours to go!
I wish all of us the best. May we all pass! I’m waiting for my FM result, getting anxious!Oh dear as I falling asleep I remembered in the wacc question I forgot to write all costs (kd, ke) in percentage, I just mistakenly let them be in decimal places, I forgot to format them to a percentage. Will I lose any marks for that??
I got 98000 too.
The other question you mentioned I am not sure about the early discount but for inventory I selected liquidity too.Do you remember if we were to add scrap value in the buy options TAD calcution?
I forgot to add scrap value when calculating the TAD 🙁 really really silly mistake, maybe cuz of the exam pressure. Hope I pass!
Btw for wacc question do you remember for convertible loan notes the question said 15 shares for $100 nominal value. What did it even mean? I couldn’t understand it but I just assumed it’s 15 shares for each loan note.
Exam pressure was too much maybe because section A and B were quite tricky.