[StephM]

Spent way too long on Q1. I calculated 160 contracts but clearly gone wrong somewhere as I can see most of you got around the 640 mark for contracts. But did find Futures to be the best out of the 3.
Exchange rate also confused me for NPV just had to go for the spot rate in the interest of time. Didn’t even get round to answering the Treasury question.

Q2 seemed okay but felt my detail could have been more and Q3 on FCFE was a complete disaster. Attempted 89% but not hopeful.

[StephM]

In Q5, I think the question had something in there just after it mentioned the WIP is 50% complete that finished goods is related to costs incurred or something? Does any one remember this and what that meant exactly or was that just something designed to throw you off?

Thanks 🙂

[Author]

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