[Hammad]

Thanks for your time Mike. You were a lot of help.

[Hammad]

Yes I do try to answer the whole of the question. But how do I prepare so I can enhance my analytical skills to the point that I am able to infer more and match more than three points to the answer? Obviously I do not expect myself to get to the analytical level of the examiner but I still want to do better.

[Hammad]

It’s our share of what Jewel has paid for Gem.

[Hammad]

I assume you have been doing the questions from the BPP kit. What BPP does is that they use closing rates on everything except the equity. On which they use the rate on acquisition date.

The method that Mike uses is NOT incorrect. It is an allowed alternative. It confused me as well when I looked up the answers. So, fear not, as the method that Mike uses has not prevented the previous students from passing the exam as it wont prevent us.

[Hammad]

Hi,
I am appearing in F7 paper as well. It seems that we are in quite a similar situation. I have also only started studying. I do hope that I can complete it and pass in 30 days. Good luck to us, eh?

[Author]

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