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Has Anyone given the paper today?
Can they guide me about the type of the questions comingPeople who attempted FM today? How was it?
It sucked big time for me.
Did anyone get Chemical X inventory question in Sec C?
How do you solve that?Was the most difficult of the 3 papers I wrote this week. Touch and go for a pass
Sec A has more theoretical questions like which two of the following. Sec B has one FRA, one valuations and one investment appraisal question which was moderate. Sec A and B were okay to me. Some questions were straight forward.
Sec C has one leavse vs buy my both were -ve npv. And other was factoring in which I makes notes and short 3 marks for WC cycle. Sec C thoery questions were DCF vs non DCF methods, Working capital funding theories.
Thanks! I hope i will make it
I got the same Chemical X but couldn’t complete second part
Also do I have to end exam button personally as after time-out I haven’t press end exam button &Once your 3 hours are done, it’ll automatically submit the exam whether you end it or not.
Keyroh:)
Me also received same question in Sec C.
However mine answer was also same that choosing factor is financially not viable.
However in another part of 4 mark question which is related to operating cycle, it was asked about what will happen to operating cycle if factor services availed, it will be reduced definitely but the tricky part was here to calculate cost of goods sold this is what I understood in that part rest was fine. I wrote about letter of credit and bad debt insurance in further part of question about how co can secure foreign receivables and some short term and long term sources for working capital financing.
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