• Skip to primary navigation
  • Skip to main content
  • Skip to primary sidebar
Free ACCA & CIMA online courses from OpenTuition

Free ACCA & CIMA online courses from OpenTuition

Free Notes, Lectures, Tests and Forums for ACCA and CIMA exams

  • ACCA
  • CIMA
  • FIA
  • OBU
  • Books
  • Forums
  • Ask AI
  • Search
  • Register
  • Login
  • ACCA Forums
  • Ask ACCA Tutor
  • CIMA Forums
  • Ask CIMA Tutor
  • FIA
  • OBU
  • Buy/Sell Books
  • All Forums
  • Latest Topics

June 2025 ACCA Exams

How was your exam? Comments & Instant poll >>

20% off ACCA & CIMA Books

OpenTuition recommends the new interactive BPP books for September 2025 exams.
Get your discount code >>

*** ACCA F9 June 2017 Exam was.. Instant Poll and comments ***

Forums › ACCA Forums › ACCA FM Financial Management Forums › *** ACCA F9 June 2017 Exam was.. Instant Poll and comments ***

  • This topic has 164 replies, 55 voices, and was last updated 7 years ago by quytuan.
Viewing 25 posts - 26 through 50 (of 165 total)
← 1 2 3 … 5 6 7 →
  • Author
    Posts
  • June 9, 2017 at 5:23 pm #392255
    caspian087
    Participant
    • Topics: 1
    • Replies: 33
    • ☆

    Q22 was about valuation basises:
    Answers was:

    a) Net realisable value- when company has no intention to liquidate

    b)…
    c)…

    d) Replacement value when it is going to liquidate

    June 9, 2017 at 5:26 pm #392259
    louiseabigail
    Member
    • Topics: 0
    • Replies: 45
    • ☆

    @acca145 said:
    Happens ?
    But round diff would be less
    I got negative balance in year 4 and 5
    NPV = $63 mill rounds

    Surely i could only loses one mark for this? Hopefully still a pass

    June 9, 2017 at 5:26 pm #392261
    sunnydeol89
    Member
    • Topics: 0
    • Replies: 22
    • ☆

    The question regarding interest derivatives. I chose a which was that swap of fixed and variable rates must be beneficial to both parties but it was a complete guess.

    The one about the international Fisher effect and purchasing power parity. I chose that the Fisher effect statementioned was incorrect but purchasing power parity was right. Again a guess.

    The saving or cost of leading was option a I believe. Around 97k if I remember correctly.

    June 9, 2017 at 5:26 pm #392263
    usamaamjad17
    Member
    • Topics: 0
    • Replies: 6
    • ☆

    B
    B
    B
    C
    A
    A
    A
    B
    C
    B
    B
    B
    B
    A
    B
    C
    B
    D
    A
    A
    C
    B
    D
    B
    D
    B
    C
    A
    B
    A
    MOST OF THEM WERE GUESSES

    June 9, 2017 at 5:30 pm #392266
    caspian087
    Participant
    • Topics: 1
    • Replies: 33
    • ☆

    Yeap, i might be wrong about irredeemable or pref. share. But i am 100% confident in the absence of any taxes )))))

    June 9, 2017 at 5:32 pm #392268
    surajnair
    Participant
    • Topics: 0
    • Replies: 42
    • ☆

    @louiseabigail said:
    11.6% for wacc and 61,385,000 for the npv. I took the remaining balance as a tax shield in year 4

    11.6 approx wacc and npv was lil higher than that i guess. Tax and dep allowance must be taken to year 5

    June 9, 2017 at 5:32 pm #392269
    louiseabigail
    Member
    • Topics: 0
    • Replies: 45
    • ☆

    Multiple choice question with 40% taking the 2% discount paying in 15 days. I went with d something like 168k

    Also the mcq with the buffer stock. I had 412k

    June 9, 2017 at 5:35 pm #392273
    surajnair
    Participant
    • Topics: 0
    • Replies: 42
    • ☆

    @louiseabigail said:
    Multiple choice question with 40% taking the 2% discount paying in 15 days. I went with d something like 168k

    Also the mcq with the buffer stock. I had 412k

    2% discount? Yea option D . Not sure about buffer stock. How about equity beta and fra? I got 1.16 for equity beta and 37500 for fra

    June 9, 2017 at 5:38 pm #392274
    louiseabigail
    Member
    • Topics: 0
    • Replies: 45
    • ☆

    @acca145 said:
    What about capital rationing? I think that was small point for 10 marks…

    I wrote a page and a half on capital rational about hard and soft rationing. About related projects. About captionrationing being out of their control ie they dont have enough to finace the projects. About profitability index and divisible projects and choosing the best schedule

    June 9, 2017 at 5:39 pm #392275
    louiseabigail
    Member
    • Topics: 0
    • Replies: 45
    • ☆

    @surajnair said:
    2% discount? Yea option D . Not sure about buffer stock. How about equity beta and fra? I got 1.16 for equity beta and 37500 for fra

    Same for fra. Complete blank on the beta question so i guessed

    June 9, 2017 at 5:48 pm #392278
    mrampersad
    Member
    • Topics: 0
    • Replies: 1
    • ☆

    What in the hell was “optimal investment schedule”????

    June 9, 2017 at 5:50 pm #392280
    surajnair
    Participant
    • Topics: 0
    • Replies: 42
    • ☆

    @mrampersad said:
    What in the hell was “optimal investment schedule”????

    Project divisibility and stuff

    June 9, 2017 at 5:54 pm #392283
    louiseabigail
    Member
    • Topics: 0
    • Replies: 45
    • ☆

    For optimal capital structure i wrote about modigig and miller after tax theory about gearing ect.

    June 9, 2017 at 6:09 pm #392287
    Carmen
    Participant
    • Topics: 0
    • Replies: 2
    • ☆

    For MCQ, one question regarding the advice to engineer on using which beta rate, the question given beta and DE ratio, what should we do on that ?

    June 9, 2017 at 6:14 pm #392291
    sunnydeol89
    Member
    • Topics: 0
    • Replies: 22
    • ☆

    @surajnair said:
    2% discount? Yea option D . Not sure about buffer stock. How about equity beta and fra? I got 1.16 for equity beta and 37500 for fra

    How did you calculate the fra?

    June 9, 2017 at 6:15 pm #392292
    ivalina20
    Participant
    • Topics: 4
    • Replies: 19
    • ☆

    1A
    2C
    3B
    4A
    5C
    6C
    7B
    8B
    9D
    10C
    11C
    12A
    13D
    14C
    15B
    16C
    17B
    18D
    19B
    20A
    21B
    22A
    23A
    24A
    25D
    26A
    27C
    28A
    29D
    30B

    For 31a something around 11.6 or nearly 12%, for 32a 63,308 positive

    June 9, 2017 at 6:17 pm #392293
    Trishul
    Member
    • Topics: 0
    • Replies: 9
    • ☆

    First time I took the CBE but does anyone know if section C of the written and computer exam questions are different?

    The NPV you guys are getting at $63 million is way off mine – my figures given in the question were not this big.

    June 9, 2017 at 6:30 pm #392294
    Paulina
    Member
    • Topics: 0
    • Replies: 19
    • ☆

    Hi guys! How about questions related to account receivables after 2% discount? Anyone remember? I got $1.648 m so it was option D. The same with average inventory level – i got $412 m – option C. But i was not pretty sure about my calculations… for 31 i have not even tried…

    June 9, 2017 at 6:30 pm #392295
    kila
    Participant
    • Topics: 1
    • Replies: 5
    • ☆

    I had a cost of equity of 12.1%
    For the 7% loan note I had a cost of equity of 7.1%
    Bank loan had a cost of equity of 8.5%

    June 9, 2017 at 6:32 pm #392296
    kila
    Participant
    • Topics: 1
    • Replies: 5
    • ☆

    I had a cost of equity of 12.1%
    For the 7% loan note I had a cost of equity of 7.1%
    Bank loan had a cost of equity of 8.5%
    And a WACC of 11.8% if am not mistaken.

    June 9, 2017 at 6:40 pm #392299
    kila
    Participant
    • Topics: 1
    • Replies: 5
    • ☆

    @acca145 said:
    It was asset based valuation and Its answer was total assets less total liabilities, I think b

    I too had a negative balance for year 4 and 5
    But I can’t recall my exact NPV
    I think it was +ve sixty something million

    June 9, 2017 at 6:42 pm #392301
    td4mee
    Member
    • Topics: 5
    • Replies: 27
    • ☆

    Easy exam i think.

    31, WACC= 12.68%

    b
    I merely just spoke about the 4 structures approaches (traditional, both M&M, and pecking order), and explained how they try to achieve the optimum capital structure aka, where WACC is lowest, wasn’t quite sure what else they were asking.

    32. NPV: 63.3m i think

    b
    simply explained what the term meant, the types of rationing, hard/soft. Explained the purpose of NPV in relation to shareholder wealth, then talked about profitability index and use of combination for indivisble projects.

    Out of the multiple choice, think I got around 20/30, the rest were more or less guesses.

    June 9, 2017 at 6:52 pm #392307
    tiah
    Participant
    • Topics: 0
    • Replies: 5
    • ☆

    Arif,
    I think you’re right on the way incorporating the inflation, that’s exactly how we should do it.

    On that note, Q 32a I can’t quite remember was actually selling price and variable price the same (in current term, not incorporating inflation) all of the four year? If it was not I may have given wrong answer just bacause I didn’t look at the question carefully ???

    Can anyone clarify this?

    June 9, 2017 at 6:55 pm #392308
    tiah
    Participant
    • Topics: 0
    • Replies: 5
    • ☆

    Arif,
    I think you’re right on the way incorporating the inflation, that’s exactly how we should do it.

    On that note, Q 32a I can’t quite remember was actually selling price and variable price the same (in current term, not incorporating inflation) all of the four year? If it was not I may have given wrong answer just bacause I didn’t look at the question carefully ???

    Can anyone clarify this?

    @mdarifansary16 said:
    Question 31: are we supposed to include the cost of bank overdraft in the WACC calculation??????????

    Question 32: what should be done with variable cost inflation which was $52 every year? Are we suppose to do variable cost as 52*1.03 in year, 1 52*1.03*1.03 in year 2, 1 52*1.03*1.03*1.03 in year 3 & 52*1.03*1.03*1.03*1.03 in year 4? or something else????????

    June 9, 2017 at 6:57 pm #392310
    Anonymous
    Inactive
    • Topics: 0
    • Replies: 2
    • ☆

    What was the answer of the mcq regarding fiscal policy???

  • Author
    Posts
Viewing 25 posts - 26 through 50 (of 165 total)
← 1 2 3 … 5 6 7 →
  • The topic ‘*** ACCA F9 June 2017 Exam was.. Instant Poll and comments ***’ is closed to new replies.

Primary Sidebar

Donate
If you have benefited from our materials, please donate

ACCA News:

ACCA My Exam Performance for non-variant

Applied Skills exams is available NOW

ACCA Options:  “Read the Mind of the Marker” articles

Subscribe to ACCA’s Student Accountant Direct

ACCA CBE 2025 Exams

How was your exam, and what was the exam result?

BT CBE exam was.. | MA CBE exam was..
FA CBE exam was.. | LW CBE exam was..

Donate

If you have benefited from OpenTuition please donate.

PQ Magazine

Latest Comments

  • Lekhanaa on IASB Conceptual Framework – Introduction – ACCA Financial Reporting (FR)
  • wZaidhan on Sources of Finance – Islamic Finance – ACCA Financial Management (FM)
  • manahylilyas on The financial management environment – ACCA Financial Management (FM)
  • poojam on Objective of financial reporting – ACCA Financial Reporting (FR)
  • mm3677 on IAS 16 Accounting for a revaluation – CIMA F1 Financial Reporting

Copyright © 2025 · Support · Contact · Advertising · OpenLicense · About · Sitemap · Comments · Log in