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hello sir,
i am unable to get the answer for below can you help how to proceed with the caculator?
model calculator: fx -82ms casio
miller formula
3x{3/4x50x9000000/.0003} 1/3
and
business valuation cal the growth rate
(24/15.25) 1/4 -1
thanks
In future, if you want me to answer then you must ask in the Ask the ACCA Tutor forum – this forum is for people to help each other.
I am unable to help you with your specific calculator (because mine is different).
However your problem could me misunderstanding the formulae.
In the Miller Orr formula, the part in brackets is xxx ^ (1/3)
You do not multiply by (1/3). Anything ^(1/3) is the same as taking the cube root.
Similarly,for the growth, it is not (24/15.25) x 1/4
It is (24/15.25)^(1/4)which is the same as the fourth root of (24/15.25)
(and the fourth root is the same as taking the square root twice)
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