[waseem225]

@fightclubalum said:
I did the same.. the amount in yr 4 i took as cash inflow.. as limited by time, I only imagined it being similar to land / building sold off end of the project.

Another thing if u noticed the working cap. was not released end of the year, that is usually the case when the project continues, so i just went on with it. hopefully it was the right way to go about it..

Yes I assumed the same, lets hope for the best, hopefully our approach is right (I mentioned this approach in assumptions as well)

[waseem225]

Yes I assumed the same, lets hope for the best, hopefully our approach is right (I mentioned this approach in assumptions as well)

[waseem225]

Study the full syllabus, make sure you have gained good understanding on every chapter.

This is a really time pressured exam. time management is the key to pass this paper (Even with 100% knowledge you can’t pass this paper until unless your time management is good).

So practice as many as questions and past papers.

This is what I learnt from this paper.

[waseem225]

Qn 01. I got two positive NPV’s, I assumed remaining 40% will be remitted at the end of year 4 and the project will be disposed @Yr 4 by the amount given in the exam.

Did anyone else assume the same?

It was really time pressured and I couldn’t complete the paper almost 15 marks left out.

[waseem225]

Passed with 50%, Thank you very much open tuition for your valuable support and resources.

[waseem225]

Lots of thanks to open tution, I benefited a lot from open tution resources, I got a pass Mark of 54%

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