Could you please tell if there are any formulas we should learn by heart? I mean those formula which are written about in study materilas but not given in the exam paper shit. For example, the formula of WACC is not given to us by the examiner. It is rather complicated. Should we learn it by heart? Can we be required to use in the exam or it is unlickly and the percentage (WACC) will be given in the scenario?
No formula sheet is now provided in the exam. You therefore need to know how to calculate WACC using percentages probably, though MVs could be a possibility.
Although no formula sheet is formally provided, I should imagine that if learning curves were to come up, then a formula would be provided in the question.
Know: WACC, ROI, RI, EBIDTA and you will probably be OK.