[Andy]

Awful paper and I nearly walked out after an hour as there was no way I was going to pass it!

Stuck at it, scraped 54% and now an affiliate! Looking forward to spending some time with my wife again rather than studying.

[Andy]

Passed 59% – delighted and looking forward to a weekend of celebrating. Pass P4 in December and that will be me done.

[Andy]

It is a typo, and if I was doing ACCA again I certainly wouldn’t use BPP.

As melon is 25% profit on sales the working should be:
60 x 25 / 100 = 15

Cheers
Andy

[Andy]

(b) FV of identifiable net assets 5,000

Less:
Share capital 3,000
RE at Aq’n 1,425
(4,425)

FV Adjustment 575

[Author]

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