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Before tax interest rate(BPP revision kit question#206 Grenarp Co. req "a")

This topic has 3 replies, 2 voices, and was last updated 7 years ago by John Moffat.

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November 28, 2017 at 5:56 pm #418723
Hessa
Participant
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Good day sir,
I don’t understand how they calculated or came to know about the rate of interest before tax which is 8% according to answer.
(BPP revision kit question # 206 Grenarp Co. requirement “a”)
November 29, 2017 at 10:45 am #418829
John Moffat
Keymaster
- Topics: 57
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Under non-current liabilities, the loan notes are listed as 8% loan notes. So the interest on them is 8% 🙂
November 29, 2017 at 2:27 pm #418897
Hessa
Participant
- Topics: 4
- Replies: 6
Oh okay. It is omitted in my kit. Thanks 🙂
November 29, 2017 at 5:58 pm #418949
John Moffat
Keymaster
- Topics: 57
- Replies: 54500
You are welcome 🙂
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