- This topic has 15 replies, 8 voices, and was last updated 9 years ago by
.
- Posts
Hi John,
ACCA now have section B uploaded so wondering if you would be fabulous once again and put up your suggested answers when you have a chance.
As you might have seen, there has been some debate about the way to approach Q3, so you can put us all out of our misery!!
Thanks in advance,
Jenny
Now that the ACCA has published the exam, I will prepare my suggested answers. They will be uploaded either later today or else tomorrow.
Regarding question 4a, do you not have to take off the issue costs from the 11.2m raised?
I spent a long time thinking about that. Since it is based on a PE valuation then I think not (and the last time he asked this he did not subtract the issue costs).
I may be wrong – it will be interesting to see what the examiner does in his official answer – but if I am wrong then it will only lose half a mark (and if I am right, then subtracting it will only lose half a mark as well 🙂 )
So I am not too worried, but it is still a good point.
Mr Moffat,
Bpp revision kit has question very similar to question 4, with the same wording, and they do deduct issue costs from cash raised :))Maybe they do, but BPP are not perfect (ever).
I stand by what I wrote before (but it is only likely to be half a mark either way, anyway)
Hi Mr. Moffat,
Provided that I have miscalculated in Q3 the factor’s interest charge, but have presented the cost/benefit analysis with the other numbers correct-still reaching a different recommendation- do you believe I will be able to score 4 marks?Thank you in advance.
adina
- You must be logged in to reply to this topic.