June 2025 ACCA Exams

How was your exam? Comments & Instant poll >>

20% off ACCA & CIMA Books

OpenTuition recommends the new interactive BPP books for June 2025 exams.
Get your discount code >>

June 2011 P2 Question

This topic has 1 reply, 2 voices, and was last updated 11 years ago by MikeLittle.

Viewing 2 posts - 1 through 2 (of 2 total)

Author
Posts
November 1, 2013 at 11:46 am #144302
aziz12
Member
- Topics: 7
- Replies: 9
Hi, I have no idea with regards to the cost of acquisition was calculated to be 276 in the ACCA’s Answer Scheme for Stem’s Goodwill Calculation. June 2011 Question. How was this figure deduced? thanks a lot.
November 2, 2013 at 9:37 am #144374
MikeLittle
Keymaster
- Topics: 27
- Replies: 23315
Isn’t it the dinar equivalent of the Rose cost of investment in Stem?
Cost in dollars was $46m, rate of exchange of the dinar to the dollar at date of acquisition was 6 dinars to $1.
$46m = 276 million dinars
OK?
Author
Posts

Viewing 2 posts - 1 through 2 (of 2 total)

You must be logged in to reply to this topic.