Forums›ACCA Forums›Kaplan mock exam for ( Q1) December, 2010. Associate.ACCA ForumsFRKaplan mock exam for ( Q1) December, 2010. Associate.Ddebbieche15y agohow did they $3,750 as post-acq profit for Ripsaw? They ve put W2 as the reference from wrkings but, in W2, I cant see such a figure.IIgor15y ago#1It is a mid-year acqn. We should take only 6/12 (October-March) of Ripsaw Profit for the year (note iii) $7,500*6/12 = $ 3,750Sign into reply to this topic.
Ddebbieche15y agohow did they $3,750 as post-acq profit for Ripsaw? They ve put W2 as the reference from wrkings but, in W2, I cant see such a figure.
IIgor15y ago#1It is a mid-year acqn. We should take only 6/12 (October-March) of Ripsaw Profit for the year (note iii) $7,500*6/12 = $ 3,750
