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Hanwood Shoes (Dec 2021)

Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA AFM Exams › Hanwood Shoes (Dec 2021)

  • This topic has 4 replies, 2 voices, and was last updated 2 years ago by AvatarJohn Moffat.
Viewing 5 posts - 1 through 5 (of 5 total)
  • Author
    Posts
  • September 2, 2023 at 8:31 am #691164
    Avatarnurazman
    Participant
    • Topics: 32
    • Replies: 18
    • ☆☆

    1) Why in current asset need to adjust -$525 ? Why not adjust for $692 since it is increase in current asset ?

    2) For EPS calculation, why we take $217 million as predicted PAT ? Why not $76 million since we assume that the children division is sold.

    3) Why we need to deduct the profit of $76 million afterwards ? T.T

    September 2, 2023 at 2:41 pm #691188
    Avatarnurazman
    Participant
    • Topics: 32
    • Replies: 18
    • ☆☆

    Hi sir please notice my question :((

    September 3, 2023 at 8:13 am #691217
    AvatarJohn Moffat
    Keymaster
    • Topics: 57
    • Replies: 54837
    • ☆☆☆☆☆

    1. It has been adjusted by 692 (1217 – 525)

    2. The haven’t taken 217 for the revised forecast. They have adjust for the same of the children’s division and used 237.

    3. The 76 is removing the profit from the children’s shoes.

    I have noticed your question – it is the weekend and I do not sit at the computer 24 hours a day!

    September 3, 2023 at 11:49 am #691240
    Avatarnurazman
    Participant
    • Topics: 32
    • Replies: 18
    • ☆☆

    Thank you sir. Sorry for not realizing its already weekend 🙁

    September 3, 2023 at 3:07 pm #691245
    AvatarJohn Moffat
    Keymaster
    • Topics: 57
    • Replies: 54837
    • ☆☆☆☆☆

    You are welcome 🙂

  • Author
    Posts
Viewing 5 posts - 1 through 5 (of 5 total)
  • The topic ‘Hanwood Shoes (Dec 2021)’ is closed to new replies.

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