Difficulty in the two of the four questions online quick test Chapter 5 IAS 23

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February 11, 2020 at 6:51 am #561326
farhaanm
Participant
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I got question 1 and 3 wrong. I followed the method of calculating weighed average as demonstrated in the lecture. For question 1 I got weighted average 9.77% and add 9.77%*9/12*6 M and 9.77%*5/12*2 M. For question 3 I got weighted average 11.6% and add 8/12*60M*11.6% and 2/12*20M*11.6%. Please help me out. Thanks
February 12, 2020 at 9:30 pm #561566
P2-D2
Keymaster
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Hi,
I think that you need to revisit how you have calculated the weighted average borrowing rate. Show me how you have calculated the percentages and I can show where you have gone wrong.
Thanks
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