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Mlima Co (6/13)

Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA AFM Exams › Mlima Co (6/13)

  • This topic has 3 replies, 2 voices, and was last updated 10 years ago by John Moffat.
Viewing 4 posts - 1 through 4 (of 4 total)
  • Author
    Posts
  • May 21, 2015 at 3:38 pm #247703
    jason91
    Member
    • Topics: 13
    • Replies: 26
    • ☆

    Hi Sir,

    In part (i) of the question i dont understand the workings of how they arrived at the keu=10.93%.

    In particular, how did they go from;
    16.83%=keu+0.75(keu-4.76%)*1785/1400 to getting the answer of keu=10.93%.

    Im really bad at mathematics.

    Please help

    May 21, 2015 at 4:01 pm #247718
    John Moffat
    Keymaster
    • Topics: 57
    • Replies: 54701
    • ☆☆☆☆☆

    first, safer to use decimals than %’s, so….

    0.1683 = keu + 0.75(keu – 0.0476)* 1785/1400

    Multiply everything by 1400, so….

    0.1683 x 1400 = 1400 keu + 1785×0.75(keu – 0.0476)

    235.62 = 1400keu + 1338.75(keu – 0.0476)

    Multiply everything in the bracket by 1338.75, so…..

    235.62 = 1400 keu + 1338.75keu – 63.7245

    So….

    299.345 = 2738.75 keu

    so keu = 299.345/2738.75 = 0.1093 (or 10.93%)

    May 21, 2015 at 5:58 pm #247752
    jason91
    Member
    • Topics: 13
    • Replies: 26
    • ☆

    :O thank you so much.

    May 21, 2015 at 7:08 pm #247764
    John Moffat
    Keymaster
    • Topics: 57
    • Replies: 54701
    • ☆☆☆☆☆

    You are welcome 🙂

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    Posts
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