Forums › ACCA Forums › ACCA FM Financial Management Forums › *** F9 June 2013 Exam was.. Post your comments ***
- This topic has 314 replies, 123 voices, and was last updated 11 years ago by kayfabuacca.
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- June 11, 2013 at 8:46 pm #131728
Inflating price up is dragging NPV up (more positive) but you probably meant costs – maybe something with not accurate inflating them indeed. Or maybe the price was inflated too much.
Sabrina:
I included incremental (500) in year 0 and small incremental values in coming years. So Mr Govida For your 4.9 NPV could look as something with working capital.
‘
Scrap value is also dragging NPV up so its not the case it is also pushing NPV up. capital allowance the same its positive cash flow.Paying tax one year in arrears is good for NPV being more positive because the negative present value are less than discounted on the year of sales.
To be short Mr Govinda: It is either something with small mistake with inflating or not including Working Capital Investment.
June 11, 2013 at 9:19 pm #131731<cite> @seagoat said:</cite>
Inflating price up is dragging NPV up (more positive) but you probably meant costs – maybe something with not accurate inflating them indeed. Or maybe the price was inflated too much.Sabrina:
I included incremental (500) in year 0 and small incremental values in coming years. So Mr Govida For your 4.9 NPV could look as something with working capital.
‘
Scrap value is also dragging NPV up so its not the case it is also pushing NPV up. capital allowance the same its positive cash flow.Paying tax one year in arrears is good for NPV being more positive because the negative present value are less than discounted on the year of sales.
To be short Mr Govinda: It is either something with small mistake with inflating or not including Working Capital Investment.
I was just trying for him to see where he could have gone wrong it could be one mistake or more than one by the way wat did u get for ur NPV
June 12, 2013 at 2:05 am #131751hey guys anybody that got wacc as 11.27 or 11,2 got it right
cos the ke =12.1%
kd is 4,6%, u can use dcf of 3% gives u positive NPV of 5.06 and dcf of 5% gives negative NPV of (1.3)
kp is 10%,
and the cost of bank loan Kd is 0-04* (1-.0.3) = 2.8%June 12, 2013 at 8:01 am #131779DEAR ACCA STUDENTS GOOD LUCK FOR YOUR EXAM AND RESULTS,,,,,,, HERE I MUST INFORM U THAT I GOT ACCA BOOKS FOR F7 F9 AND P1 ALONG WITH KITS BRAND NEW CONDITION,,I DNT NEED IT ANYMORE ,,SO ALL THOSE STUDENTS WHO GOT LESS BUDGET POCKET MONEY CAN CONSULT ME IN ISLAMABAD/RAWALPINDI,,SPECIAL PRICE ALL OF THEM 1100 RS.SO ITS 350 RS EACH BOOK AND KIT,INTRESTED CANDIDATES CAN CALL ME STRAIGHTAWAY ON 03247700631…OR SHAWAIZ_KHAN23@YAHOO.COM,,,,OUTSIDE CITIES I CAN SEND BY TCS,TCS CHARGES WILL B BORNE BY THE STUDENT,,CHEERS
June 12, 2013 at 9:14 am #131793AnonymousInactive- Topics: 0
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<cite> @osuja said:</cite>
hey guys anybody that got wacc as 11.27 or 11,2 got it right
cos the ke =12.1%
kd is 4,6%, u can use dcf of 3% gives u positive NPV of 5.06 and dcf of 5% gives negative NPV of (1.3)
kp is 10%,
and the cost of bank loan Kd is 0-04* (1-.0.3) = 2.8%Yes, I got around that same figure but forgot to adjust K-pref so used it as it was 7%. I guess that accounts for the decimal defferences.
June 12, 2013 at 6:34 pm #131869AnonymousInactive- Topics: 0
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<cite><a href=”https://opentuition.com/members/Lambyang
/" rel="nofollow">@Lambyang
said:</cite>
1st question wacc 11.6%…am i right?1st question was not wacc, it was to calculate a NPV. WACC was in another question
June 12, 2013 at 7:35 pm #131875<cite> @osuja said:</cite>
hey guys anybody that got wacc as 11.27 or 11,2 got it right
cos the ke =12.1%
kd is 4,6%, u can use dcf of 3% gives u positive NPV of 5.06 and dcf of 5% gives negative NPV of (1.3)
kp is 10%,
and the cost of bank loan Kd is 0-04* (1-.0.3) = 2.8%I think everyone get this it was the question that unlocked my blank mind. After working almost ALL the question in the kit, I remembered that BK loan is also tax exempt. You may have notice that this paper has the lowest pass rate and I wonder if ACCA not considering the difficulty of this paper to pass. Anice piece of course work – project management will be a GOOD way to change the rate of candidates passing this paper.
June 13, 2013 at 3:50 am #131917AnonymousInactive- Topics: 0
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I think it is comparetively easy
June 13, 2013 at 8:02 am #131939AnonymousInactive- Topics: 0
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Q4 part A was bit tricky ..rest was just OK an average student could manage to pass the paper
June 13, 2013 at 8:16 am #131944AnonymousInactive- Topics: 0
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It was fair but tricky In that there were alot of workings to do.Like on WACC calculation I don’t know the time horizon to use wen calculating the IRR.6 or 5 yrs.I got 11.4% WACC.
June 13, 2013 at 11:14 am #131972the best i have written so far. i have failed this exam in the past, but by GOD’s grace i’m sure to pass this diet.
70+June 13, 2013 at 1:27 pm #131999AnonymousInactive- Topics: 0
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I calculated WACC as 11.6%
June 13, 2013 at 1:36 pm #132002AnonymousInactive- Topics: 0
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<cite> @donizback said:</cite>
The question asked about the receivables management policy and it is the credit analysis and credit control and so onYes – question asked about the receiveables mgt policy. As it was a 7 mark question, i explained 7 point – Credit policy, credit term, credit status/rating, referals, invoice discounting, factoring, interest charges
June 13, 2013 at 3:53 pm #132029AnonymousInactive- Topics: 0
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Thank you OT
June 14, 2013 at 9:04 am #132143will pass it with only 50
June 14, 2013 at 9:45 am #132148You can now download OpenTuition suggested answers for June 2013 Paper F9
June 14, 2013 at 10:14 am #132161Looking at the answers will be very surprised if I don’t pass 🙂
Thanks OT
June 14, 2013 at 11:10 am #132176Thank you OT team so much!
June 14, 2013 at 11:22 am #132179AnonymousInactive- Topics: 0
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Could you please help me where can I find suggested answer for F9?
June 14, 2013 at 11:26 am #132181AnonymousInactive- Topics: 0
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I have seen the answers fingers crossed.I will pass as long as I do well on theory.
Thanks OT TEAM.June 14, 2013 at 12:58 pm #132194@joanna1 said:
Could you please help me where can I find suggested answer for F9?June 14, 2013 at 12:59 pm #132195Thanks for all your help OT….hoping for a pass and the suggested answers make me confident now
June 14, 2013 at 2:22 pm #132213<cite> @rebecca410 said:</cite>
Looking at the answers will be very surprised if I don’t pass 🙂Thanks OT
Hi Rebecca,
Would you mind to pm me the solution?
the link won’t work for me unfortunately, keeps bringing me back to the login page..June 14, 2013 at 5:55 pm #132246AnonymousInactive- Topics: 0
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Thank you OT. I feel more confident.
June 14, 2013 at 6:00 pm #132248AnonymousInactive- Topics: 0
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Thank you OT
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