Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA AFM Exams › June 2012
- This topic has 7 replies, 3 voices, and was last updated 8 years ago by John Moffat.
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- November 15, 2015 at 3:53 pm #282575
Good day sir. My question is question 2. ENNEA CO proposal 1. The solution that was given says 40c/320c. How was the 320c got?. Thanks
November 15, 2015 at 5:58 pm #282604The question says (just below the Statement of financial position) that the current share price is $3.20.
November 15, 2015 at 6:09 pm #282671OK . Thank you sir
November 15, 2015 at 6:10 pm #282672You are welcome 🙂
May 17, 2016 at 5:55 am #315394Dear sir, kindly explain y in proposal 3 they r adding int saving of 1432 in current assets, due to debt being reduced IF they r not deducting additional int payment( due to debt being increased) in prop 1 n 2 frm current assets? Thnk u
May 18, 2016 at 6:56 am #315525But they are!
Under proposal 1, for example, the current assets fall from 66,000 to 64,720, because of the extra interest payments.
May 18, 2016 at 7:41 am #315550Yes indeed….apologies 🙂
May 18, 2016 at 8:42 am #315578No problem 🙂
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