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Hello Sir,
for Dec 2014 Q4 part (b)1)Its the EVA calculation still examinable in the future exam as I didn’t find the textbook have included this?
2)Why the EVA calculation for Nov 2013 using last year(Nov 2012) Capital employed? and why add 616 for 2014 figures?
Thank you.EVA was removed from the syllabus several years ago!
(Which makes your second question irrelevant 🙂 )
That does really illustrate the importance of using a current edition of a Revision Kit from one of the ACCA approved publishers, because they only include past exam questions that are still relevant for the current syllabus.
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