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Good Day everybody
How can an individual wanting to newly register as a mentor, do so?
I wanted my line manager to be mentor due to familiarity and he ability to help me, and not get a mentor from the registered list.
I understand that if a new person wants to register, they have to pay a fee and register, but I am not sure where he can do this.
Please may anyone assist me by sending a link or an explanation?
Kind Regards
@trephena Thanks a lot for your assistance. Highly appreciated
1) So the topic is asking, how the strategic investment decision has achieved their business and financial objectives( whether profits/sales increased or not, position of company in the market, and so on) and impacted their key stakeholders?
2) Since the company has not undergone any change with their departments or operations since the new machine was parallel running with the old machines until full implementation, change management models would not be necessary right?
3.1) Right now I only gave access to the primary data that they will give. When I have to reference something from their financial accounts, can I just say (PPCB, 2018) without including the copy of accounts in the appendix since the accounts are not the main requirement in the question?
3.2) In relation to information from reports or project proposals also, do I reference it as (PPCB, 2018)?
3.3) Are the words, for example, “(PPCB, 2018)” included in the word count as 2 words?
3.4) After entering “(PPCB, 2018)” in the report, do I have to include a copy of the page of the project proposal in the appendix since it is a private ltd company and OBU won’t know whether I am making a proper reference?
4) When collecting information for the project, it is best to get it from a variety of sources including web search and books…can you please recommend me any methods to get other secondary research methods or any websites with good articles to refer to?
Sorry for the overwhelming number of questions. Your assistance is highly appreciated.
Regards
@trephena Thank you for replying. Now that you mentioned it, I like the idea of doing T14 with the same company.
Please explain to me what exactly T14 is asking for.
However, will it still be relevant for T14 in regard to the following:
1) Is buying technology which costs around P25m considered strategic investment?(isn’t strategic investment like investing in another company?)
2) The company has agreed to give access to every info like feasibility report, proposal plans and such, however, with regard to having access to detailed financial information, since the company has other activities including printing the weekly advertiser branches and many others, they said that without giving the overall consolidated accounts, they can only give the relevant departmental accounts which will show performance before and after implementation of technology.
Is it okay if I use only certain departments comparative figures?3) Would T14 still be relevant if, even though a strategic investment was made, it hasn’t had much impact on the company sales and such?
4) Are PESTEL and SWOT relevant models to use for T14?
Regards
I have chosen Topic 2 for my RAP and have selected a certain company . It is a printing and publishing company (manufacturing company) . They print flyers, newspapers and books from the start(planning and ideas) , up to final product.
They have had high competition from similar printing companies,and clients also move away from their services to that of neighboring countries, whose services seem cheaper due to exchange rate differences, and realized that their production capacity and services were not up to date.
So they have invested in a large scale machinery imported from Germany with high cost, but promising results of higher speed, quality and capacity, with the ability to package print on cardboard and glasses as well.
However, the results achieved were not in line with expectations as sales have not increased, and moreover there were high costs due to the need for a large scale retrenchment( financial objectives), though higher speed, quality and capacity have been achieved (non-financial objectives).My question is, is this type of company relevant to the topic, and please assist me in forming the right questions to be able to gather the necessary information to write 7500 words.
For example what sort of documents would I need to ask for, how can I asses whether objectives have been met,what sort of models can I apply, and any any other relevant data I need to gather to write my report?Hi can anyone plz help with calculating NCI in getting goodwill?
Hinge Co. acquired 80% of the ordinary shares of Singe Co. on 1 April 2005. On 31 December 2004, Singe Co’s accounts shaoed a share premium account of $4,000 and retained earnings of $15,000. The statement of financial position of the two companies at 31 December 2005 are set below. Neither companies has paid any dividends during the tear. NCI should be valued at full fair value. The market price of the subsidiary’s shares was $2.50 prior to acquisition by the parent.
Hinge Co. Singe Co.
$ $
Property plant and equipment 32,000 30,000
16,000 ordinary shares of 50c each in Singe Co. 50,000
82,000
Current assets 85,000 43,000
Total assets 167,000 73,000Equity and liabilities
Equity
Ordinary shares of $1 each 100,000
Ordinary shares of 50c each 10,000
Share premium account 7,000 4,000
Retained earnings 40,000 39,000
147,000 53,000
Current liabilities 20,000 20,000
Total equity and liabilities 167,000 73,000Prepare the consolidated statement of financial position of Hinge Co. at 31 December 2005. There has been no impairment of goodwill.
ohh my bad..but still..that 4,000..its nt a nominal value..is it the number of shares in singe co?if so,how did u get it?
“Assuming that there is such a statement, the nci investment in Singe would be worth at acquisition date 4,000 x $2.50 = $10,000 ”
This is what you wrote in a previous explanation..and the market price of shares was $2.50..and in the calculation of nci in goodwill,you multiplied $2.50 by $4,000 to get $10,000..so where exactly did that $4,000 come from?
But the share price for Singe Co. is $10,000..so shouldn’t it have been $10,000 x $2.50?
But u used the amount of $4,000..so i want to know where you got it fromsorry for being annoying,but im really confused at this point
“Is there nothing in the question like “The directors of Hinge believe that the share brice of the Singe shares is a good indication of the fair value for the nci”?
Assuming that there is such a statement, the nci investment in Singe would be worth at acquisition date 4,000 x $2.50 = $10,000 ”
The working you have done is correct although they haven’t given a statement as you have done..bt how did u use the amount of $4,000? plz can you explain?
Here is the question..and again,could u plz help with NCI in calculating goodwill?
Hinge Co. acquired 80% of the ordinary shares of Singe Co. on 1 April 2005. On 31 December 2004, Singe Co’s accounts shaoed a share premium account of $4,000 and retained earnings of $15,000. The statement of financial position of the two companies at 31 December 2005 are set below. Neither companies has paid any dividends during the tear. NCI should be valued at full fair value. The market price of the subsidiary’s shares was $2.50 prior to acquisition by the parent.
Hinge Co. Singe Co.
$ $
Property plant and equipment 32,000 30,000
16,000 ordinary shares of 50c each in Singe Co. 50,000
82,000
Current assets 85,000 43,000
Total assets 167,000 73,000Equity and liabilities
Equity
Ordinary shares of $1 each 100,000
Ordinary shares of 50c each 10,000
Share premium account 7,000 4,000
Retained earnings 40,000 39,000
147,000 53,000
Current liabilities 20,000 20,000
Total equity and liabilities 167,000 73,000Prepare the consolidated statement of financial position of Hinge Co. at 31 December 2005. There has been no impairment of goodwill.
That is right according to my book..thank you 😀
But every question in my book just says “P values NCI at fair value ” without any other indication on what the fair value is to be calculated upon..so basically i cannot take S’s share price to be in every question right?
But i want to know which amount to use..like in another question,i think when calculating NCI, they used the amount from pre-acquisition from share premium account but this was in relation to the topic of acquisition of a subsidiary during its accounting period..is this possible?
But when I was doing practice questions, a frequently asked question was when a plc would have an AGM and the answer was 15 months, so why is it that the 1st AGM occurs after 18 months and not 15 months? Is it because of the recent incorporation? If this is the case,then is it that the 1st AGM would me within 18 months and the rest of the AGMs that follow would be no more than every 15 months?
I greatly appreciate your help 😀
I understand sir..but I attempted them and I got $16973 for the first question and $10000 for the second question..Are they correct?Sorry for bothering you sir…
Oh okay..thanks a lot..I’ve actually been using BPP so far..bt jst wanted other’s opinion for which to use for F5…since I have never tried Kaplan and wondered whether it was better. Thanks again
hi sir,
if u dnt mind,could you also work this out for me. I jst cant seem to understand stepped fixed costs 🙁A company manufacturing a single product has the following costs at two different activity levels:
Activity level (units) 15,000 25,000
Total costs ($) 94,500 151,500
Variable costs are constant at all activity levels, but fixed costs increase by $2,000 every 10,000 units.
What are the fixed costs at an activity level of 5,000 units?