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60 marks in first sitting. Like others was not sure of a pass as left 15 marks bit unanswered and with other bits you know how it is – so easy to miss the point and write different stuff to what is required.
Now affiliate hurray!!
MANY THANKS to OpenTuition as last few exams I did only with their notes and BPP practise and revision kit. When I needed more explanation I used ACCA technical materials and some online info like Wikipedia. And of course the OpenTuition tutors support which is great and quick.I recommend OT to all fellow students.
Thank you for a quick response! Question ALPHA DIVISION in Dec 07 asked to calculate EVA for a group for 2006 and 2007. The answer used target capital structure. I used the actual because just like you mentioned above why use target when assessing actual. And in this question actuals were nowhere near the target plus the equity increased in 2007. Therefore I thought that using actuals is important to see capture the equity increase on how the group performed. this is i am confused.