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The link theory doesn’t work!!!!!! I got an error message but still cleared my p4 with 59% and am now an AFFILIATE!! It’s the best feeling in the world as I was so sure I’d failed that paper. Never failed a single paper ever it’s such a great feeling!
Passed on first attempt with 52 I’m just overjoyed no words to describe my joy!! Now for my last paper p4 in March!
Exactly the same with me. Didn’t do justice to question 1 I feel so bad about it
Omg ACCA p7?? Why so little time? I feel like crying already. Definitely feel I’ll be rewriting in March 🙁
okay its okay i think i saw it. but please explain to be what basis points are sir? i dont think i quite understand them.
@Poojan said:
Let me know if the calculation below for NCI makes any sense.PE= Share Price/ EPS
Given,
PE=20
No. of $1 Shares= 21 m
Profit for the year= 6.5 mSo, Eps= 6.5/21; or, $0.30
That’s what I did tooFor the restructuring I provided for the redundancy costs, 3million for the onerous contract (there is a legal obligation as it is a contract) and the restructuring costs.
@parthu113 said:
regarding finance lease it was told that apart from lease obligation nothing has been recorded about new finance lease so i have added the 6000 minus current depreciation to non current assets in the balance sheet.any one did the same
i added the new finance lease to the old and deducted current depreciation for both of them. And I managed to work out the finance lease obligation. Because the question gave us the obligation at the start of the year for the 24000 lease and then you had to add the new finance lease minus the deposit and apply the interest charge etc
@marchenkov said:
Anybody used in NPV question real WACC, not nominal? I used and didn’t add any inflation. Since the inflation is general it must gives the same result as using nominal rate with inflation, but it much more faster in calculations.The question specifically asked to do it in nominal terms
For the NPV question, A cash flow that occurs at the start of the year is taken to occur and the end of the previous year. So a payment at the beginning of the first year is taken to occur at th end of year 0. And so you don’t discount it in time 1 but time 0.
@chris1975z said:
I had benefits from discount too. Only thing I disagree is with discount given earlier by someone. From memory circa 28.8m X 5% X 0.75 as only 75% of customers taking it up.I agree with this
@chris1975z said:
You raise everyone by inflation as is case in every mock question ever written! Including fixed costs as advised. How else could you use nominal rate without doing that?!?!So true!!
@genty said:
You only inflate it if they have given specific inflation like, ‘ inflate Sp by 2% every year’ in the q. I guess. But din’t worry you’d probably get marks for it get stuff like taxation.I don’t think you’re correct my friend.
If you had the BBP rev kit question 44 was similar to that NPV question. And that’s exactly what I did
@genty said:
You don’t inflate the two if they only give general inflation.What do you mean? They said the figures increase each year by general inflation rate
You have to inflate it from the first year then second then third etc so multiply figures by 1.047 then 1.047^2 etc
@dreamscars said:
i got 1,122,000 as answer. the figures are kinda too perfect, guess something went wrong.I got 1something too can’t remember the exact figure