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Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA AFM Exams › Jun 2014 P4 q3 Vogel
Dear Sir,
I understand that the value created is 285.8 but how is the 64.9% derived?
It was a typing mistake (and would have been of no relevance anyway).
If you look in the BPP Revision Kit, they have removed the 64.9% and simply left “based on the calculations given above it is estimated that the value created will be $285.80M” – that is all that was needed 🙂
Oh phew, thank you
You are welcome 🙂