[Zubair]

Big data and Integrated Reporting were not in the June paper I can confirm.

[Zubair]

2 friends who sat the F7 paper said they also got negative goodwill and panicked as a result. Looking at peoples comments here it appears many got negative goodwill so that may be the correct answer.

[Zubair]

Very time pressured.
Section A: where you are asked about trade rec and trade payables, bringing each ratio to the 30 day national average would save approx 1.5m therefore the CEO’s assumption that better financial management would fund the project upgrade was very optimistic.

Non-Current liablities was the only debt figure to use for the gearing calculation. There was scope to add debt but again not enough for the project upgrade.

I forgot to add in my answer that equity was not desired by the current shareholders as the wished to retain ownership.

[Author]

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