- This topic has 1 reply, 2 voices, and was last updated 6 years ago by .
Viewing 2 posts - 1 through 2 (of 2 total)
Viewing 2 posts - 1 through 2 (of 2 total)
- You must be logged in to reply to this topic.
OpenTuition recommends the new interactive BPP books for March 2025 exams.
Get your discount code >>
Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA AFM Exams › Burung Co (6/14)
Hello,
I have attempted this question and when I calculated the PV of the issue costs in the financing part of the APV calculation I took in consideration the fact that the issue costs of debt are tax deductible. However in the given answer there doesn’t appear to be mention of this tax deduction.
Is my approach incorrect?
Thanks in advance for your clarification.
Andrea
Unless the question specifically says that they are or (are not) tax deductible (and it is not made clear in Burung) then you would get the marks for doing either – provided (as always in P4) you state your assumption.