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55 MJY

Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA AFM Exams › 55 MJY

  • This topic has 1 reply, 2 voices, and was last updated 8 years ago by John Moffat.
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  • June 2, 2017 at 9:15 am #389671
    shilpamary
    Member
    • Topics: 98
    • Replies: 81
    • ☆☆

    PART b of question ask hedging dollar exposure ,shouldn’t be netting off payment and receipts of dollar like how kenduri co has been worked out where they ask for hedging transaction in $ between lakama and kenduri ?

    shouldnt payment sum be : $90 +$40 +$20+$30 -$170 -$120 (deducting MJY since its own co from UK) should we deduct subsidiary too?? and in bpp they have added 50 and subtracted 50 from the payment sum ..I didnt get that too ?!

    June 2, 2017 at 4:13 pm #389743
    John Moffat
    Keymaster
    • Topics: 57
    • Replies: 54835
    • ☆☆☆☆☆

    But the payment sum is as you have typed it ($110). It doesn’t matter how you get to the figure.

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