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- This topic has 1 reply, 2 voices, and was last updated 9 years ago by
John Moffat.
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- March 13, 2015 at 6:09 pm #232295
Hello,
I have two questions I need your help with:1) Usually for longer questions such as ones like Foreign Investment appraisal I prefer to use many “Workings” and at the end copy the figures in the general format of NPV.
My question is that if I do the workings correctly but am unable to incorporate (because I forget or I don’t get the time and the 3 hrs finish up) it into the format then will I get marks for that working?
I know I wont get the (one?) mark for arriving at the final NPV figure but I will get the marks for the correct working right?2) The above approach is long and I just want to ask if I’ll be given full credit if I just show how to calculate example: year 1 sales figure in working and directly calculate the rest years and write it in the NPV format?
Thank you for your efforts.
March 13, 2015 at 6:44 pm #232302You do get marks for correct workings (provided obviously that you set them out in a way that the marker can follow what you are doing), even if the final answer is wrong.
Yes, to your second point – if your initial workings prove that you know what to do, then there is no need to show all of the workings in detail.
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