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Nente co (june 12 adapted)

Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA AFM Exams › Nente co (june 12 adapted)

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  • November 27, 2018 at 7:34 am #486077
    kennethpaul
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    • ☆

    In the calculation of FCFF, they have calculated tax on PBIT 1230 x 20% which is 246.
    But the tax actually paid is 455 (after deducting the interest of 455).

    My question is, for FCFF calculations, is tax always calculated on PBIT ? ( and not after deducting interest)

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