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Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA SBR Exams › December 2013 question 1
Hello again Mike
May i ask why is the finance cost is 10 in the answer instead 11 given from the question?
I believe that the official answer fully explains that – check it out, please, and if you’e still not happy, post again
Yes im looking at it …I still don’t understand it ..The current “thinking” that i guess is that the finance cost became 10 because of the grant given $1? and its $11-1= 10?
Is this correct?
That’s as I remember it, yes
Thanks Mike
You’re welcome