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One stupid question …. wts the share to share option …. … how many shares of metaxi in exchange for the other company
Q1 is horrible.. I thk I got 12m for the additional value created.. and sth like 20m for earnings for metaxi before acquisition then completely not able to calculate the others….
Q3 I got positive NPV in tht Bxxxxxland country… and negative NPV like $ -2xx m when I take into account the additional tax n profit on selling components in home country… the calculations look so wrong but hopefully I can get some marks for the written bits and also the workings…
Q4 the loss on futures is like 193000? And the option choice seems cheaper than future and the collar….
Everything looks so wrong tbh… how can this paper be so hard? Can anyone share what they got too?
did really bad.. and i don’t even understand what the examiner wants and the questions are really unclear…
seriously.. i read question 1ai for a few times.. and still unsure what does he mean by a revising the Q1 budget… does that mean flexing the budget?…. so confused.. definitely need a 2nd attempt for this paper.. omgHi,
Q37 is the same for everyone but not random.
It is about calculating the retained earning
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Alice bought 90% of equity share capital of Bertha 2 years ago on 1 july 2012, when the retained earnings of bertha stood at $12,000.
During the year alice had transferred goods to bertha for $45,000 – this figure includes a mark-up of 50%. two thirds of these goods remained in inventory at the year end. the balance on the current account between alice and bertha was $53,000 at the year end.
The fair value of the non controlling interest at the date of acquisition was $10,000.Alice’s investment in Bertha’s at cost:$85,000
Alice’s share capital: 36,000
Alice’s retained earnings: 189,000
Bertha;s share capital: 12,000
Bertha’s retained earnings: 72,000.
