[Abdul]

The exam was ok compared to previous, but Q1 was always going to be an issue.
Quite straight forward but iv that talked about evaluating the information system used in iii was a bit confusing. However I’m hoping for a pass this time with God’s grace

[Abdul]

Provision for BD
The financial year balance of 2012 provision is 4.5 but however this amount include the $2 incurred during the period. Therefore the actual amount brought forward from last year to make the opening balance on the capital employed will be:

$4.5 -$2.0= $2.5

[Abdul]

Q2
Please bear in mind that interest is not an actual cash item. NOPAT is basically after deducting tax and because interest is a non cash item , it has to be added back taking into account the tax relief.

[Author]

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