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@emira said:
how could I get 104,700 NPV taking into account that I forgot to include WC of $90,000? but because like you say guys the WC would have to be deducted in year 5, the net effect was really zero. I’m glad I got the NPV right.
Had only 2 days for preparing after F6, but wrote all I could. Found the paper OK, that I could write anything on each question, although went mind blank on question 2. came out happy after the exam unlike after F6. Guys, the main thing is we are FREE now (the ones who are done for this session). Good luck to all!Good for you! I guess this is one of those rare times when it forgetting something works in your favour! Well done. 7 marks down 43 to go. I wish you all the best my friend.
Q1 NPV was 104,700….most people forgot to add back the Working Cap investment at the end of the 5th year, so the net effect was technically zero.
thank you for your response…very helpful! I was just trying to consider some real life examples in my revision.
I am in. rolusola@gmail.com
I personally come on here and link up with as many people as I can, and when I read/hear about how they are preparing, I am motivated. It is hard to self-motivate, so definitely reach out to others and see how they are preparing and that should do it! It works for me
I think it will be a good idea to sit F6 and F8 (Audit). F7 is perhaps the toughest Fundamental module paper to pass. The pass rates for F7 from the June exams was only 28%! I think the Exam Progression rules may affect you (https://www.accaglobal.com/students/acca/info/progressionrules) as you may not be able to skip F2 in Dec and take only exams from the skills module. Check with the ACCA. I personally found F7 to be tougher than Tax (F6) But I do agree that Tax is better in the summer time 🙂
you know what…I totally forgot about that. I would have to take F9 as well if I am going to opt for P1 since it is in a different module! Thank you!
I am just not sure if it would be too much to do F9 and F7 in the same sitting. I am just keen to get done! I did not pass F7 in June, so I am familiar with the material, but F9 seems intense!