FM*** June 2022 ACCA FM exam – Instant Poll and comments ***

Good

What was cash operating cycle days?

I think I got 58 days

Did you consider increase in purchases and inventory?

I got 69 days but I don’t think it’s right

I got 65

Calculated inventory from the table at the top and then the other days were in the forecast written notes at the bottom

The question said for the next year.

I got operating cash cycle not operating in days

There was no other written notes for inventory days though. What did you use for inventory?

Inventory and purchases were increased same as sales volume 20%

Even I got 58.

Yeah think I got 58 as well for that one. Seems like you had to assume everything went up by 20% in-line with sales.

Inventory was 2.4 m Purchases were 16m 20% growth INV 2.88 PUR 19.2 Inventory Days - 55 Receivables days - 40 Payables - 30 COC - 65

What did you get for the quick ratio?

1

What did you get?

1.48 but it was a guess as I couldn’t get to any of the figures as I 100% did the inflations wrong

what did you get for the earnings per share?

did you get 18 months spot rate answer?

Hey guys so I found it to be ok. Section C was ok but section A was hard. I am only sure about 5/15. How much did you all get for npv and wacc for section C?

I got positive NPV and can’t remember my WACC but it was quite low so not sure it was right

What was the wacc in sec c

Shouldn't you use CoS instead of purchases to calculate inventory days?

what was in Section B and Section C ..??

hey guys so for fm the qs for eps was it 0.388 or smth ? and for overtrading qs was it lowers the ratio from last year but still above industry average? and for wc days i got 65 i think,and for one of the matching qs in sec a for converting agressive to matching i did profitability decreases long term finance increases short term decreases and receivables and idv does not change or smth,and for the sec c WACC i got 11.4% or smth ..if anyone remembers answers lmk

and for one of the sec a questions about weak form efficient was the answer share prices take a random walk and share prices fully reflect all public information

I got 8.1% for the wacc

Which sources of finance SMES are restricted from

How was the wacc that low if cost of equity was like 11 percent