Forum Replies Created
- Posts
P holds 80% of S who own 75% of SS
– This means P holds 80% of 75% = 60% of SS
– P also owns 10%Total control by P is 70% so total NCI is 30% (100%-70%)
Ahh ok, so they’re estimates they pay up until they know the actual figure, I think I was imagining the payments having to be spot on all through the year. Thanks 🙂
I’ve done home study for all 6 of my papers so far, took F4 by itself last June then F5 & F7 in December and now hoping to knock off 6, 8 & 9 and I’ve always studied the whole syllabus for each paper in one go then when it comes to actual revision/mocks time, I mix them to keep both (or all 3) fresh in my mind.
When it gets closer to exam time Ill focus on the first paper by itself again then the second once the first one is out of the wayThe cost got me on question 1, I initially thought the payment of $1.75/share (cant remember exactly how much) to be paid to shareholders would be classed as a dividend but that then gave me a negative goodwill so I put that cost back in. What did everyone else do/the right answer?
I missed cash flow statements, I spent most of yesterday doing it as it was one of my weaker areas then it didn’t come up, typical!
Ah well, will find out just how good/bad it went in 2 months time…I feel exactly the same, I saw it as I was flicking through notes last night and thought Naaa, it hasn’t come up in any of the past papers Ive done recently, Ill revise other things… Absolutely nothing I crammed last night came up haha!!! Hopefully just about got enough for a pass on it, thats the worst thing with these exams, not knowing which areas you do/don’t get marks on! If they’d release just the marks we get awarded per question that would be really helpful in my opinion
Just had a quick look – The aim of Maximin is to maximise the minimum contribution and with a price of $500 the minimum contribution would be $175,200. The other 2 give contributions of $165,000 & $142,800
With a selling price of $600, the demand will be 420 pushchairs and variable costs $260. Revenue (600) – Var costs (260) = $340 x demand (420) = $142,800 contribution so you’d be better off going with a price of $500 which gives contribution of $175,200Glad I wasn’t the only one who had never come across tender in my law revision!! I know in the construction industry you tender for contracts, ie say you’ll take on a contract for £x/month and then the “seller” usually receives multiple tenders and chooses from them so I just went along those lines.
Compulsory winding up was a sod, I now realise that I focussed a bit too much on voluntary, I could have nailed it if it was one word different haha!
The last Directors question got me a bit too, I think it was asking quite specificly about the Act which I couldn’t remember a thing about so I ended up writing a little about the veil of incorporation and fraudulent trading and a bit about executive/non-exec/shadow directors