[Mubzy]

Thanks a mill… I understand all the calcs. Main difference being d/e … I used to use the whole debt figure rather than just long term debt. So that’s fine now.

.. For net profit when would u use the bottom figure ‘profit for year’ I would see this as the overall net profit … As per the question we have used ‘net profit from operations’ and not net profit.

[Mubzy]

Also .. How would it be possible to calculate trade receivable days when credit sales figures haven’t been provided ?

[Mubzy]

Thanks gromit

[Mubzy]

Hi

Not seen the text book.. However the answe is a :371

Total time for 9 units :800×9 ^ -0.2344652 x 9 =4301

Total time for 8 units : 800×8 ^-0.2344552 x 8 =3930

4301 – 3930 = 371.

Hope this helps

Thanks

[Mubzy]

Omg .. Yes .. Can’t thank u enough !

Cheerio 🙂

[Mubzy]

Yep I’m beginning to think it’s the calc setting default at log 10 .. I think. Atleast I know it’s not me!! Lol ..

Fink I need to call it a day on that note !!

Thanks 🙂

[Mubzy]

Yep 🙁

[Mubzy]

Thanks Nikki .. Ur definitely correct but i can’t find log2 to save my life .. ????

[Mubzy]

Hi guys

Struggling with the log 2 ..

If I have 90% learning rate..

I’ve typed : log 0.9 / log it gives me 0.475632

This doesn’t look right coz in sure it’s supposed to be a negative number

Any ideas

[Mubzy]

Hi guys

Struggling with the log 2 ..

If I have 90% learning rate..

I’ve typed : log 0.9 / log it gives me 0.475632

This doesn’t look right coz in sure it’s supposed to be a negative number

Any ideas ?

[Mubzy]

Hi mike.. I’m ok with the calc .. Just not sure how the interest calculation is made up .. 1.6 etc .. Any help is appreciated

Thanks

[Mubzy]

What IAS/Topic is this?

[Mubzy]

Hi … Yes I’ve been through a few examples and the nci calcs are consistent .. But the parents retained profits calls are not as they sometimes take

Parents share of subs post acquisition retained profits

Or

Parents shares of post acquisition reserves ..

I’d love to show u if I could upload images !

But thanks for ur help .. !

[Mubzy]

Sorry that post was incomplete….

So those are the workings they show as above
But in the examples and tyu’s they kinda do both as and when they wish it seems .. Lol !!

Thanks for your help.

[Mubzy]

Hi mike
Thanks for the reply.

I find in the Kaplan text it says .. To calculate group ret earnings..

It’s

P’s retained earnings (100%)
P’s % of subs post acquisition retained earnings

Less parents share of impairment.

For Nci :

Nci value at acquisition
Nci share of post acquisition reserves
Less nci share of impa

[Author]

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