[sarabella]

@nas29 said:
Why 10/12??

The payrise was effective 1st Jan. Year end was 31st Oct.

[sarabella]

@acca145 said:
what was answer of numerical payroll question?

I think that was 16.74m

17m less 10% = 15.3
payrise add 6% x 10/12 = 0.765 = 16.065
bonus add 1500 x 450 = 0.675 = 16.74

[sarabella]

Passed, first attempt 61%. Open Tuition lectures, BPP study text and revision kit and worked through a couple past papers. Not bad for two weeks worth of effort!

[sarabella]

@sunnydeol89 said:
Anyone remember what the share price was immediately before acquisition for the parent in question 32? As part of the ceo’s observations current price was 2.30

I think it was $2.00. They issued 6m new shares and share cap and share premium increased from the prior year by $12m.

[sarabella]

This is also what I did.

[sarabella]

My disaster question was 32 as well. I am sure I calculated the ratios right though so at least I got some marks there. The rest, however, was utter nonsense.

31 was ok, although I know there were some things I missed and my profit for the year didn’t quite tie out to the adjustments I’d made to the P&L. But I’m guessing I got at least 10 marks out of it.

I thought the MCQ were fairly straightforward, but that makes me worry that I’ve done them incorrectly. I always seem to get caught out on them.

Now we wait.

[Author]

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