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NPV

Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA MA – FIA FMA › NPV

  • This topic has 3 replies, 2 voices, and was last updated 7 years ago by AvatarJohn Moffat.
Viewing 4 posts - 1 through 4 (of 4 total)
  • Author
    Posts
  • February 19, 2019 at 3:11 pm #505760
    Avataragnes01
    Participant
    • Topics: 8
    • Replies: 2
    • ☆

    Sir, there is a question on NPV in the BPP mock examination 2.
    I do not understand how section B question 2 was rounded to the nearest “000”

    I calculated NPV of investment A and got a positive NPV of $48490
    in their (BPP) model answer they rounded to $49000 yet l thought rounding $48490 to the nearest ‘000’ should give us $48000.
    this has made my whole answer to be wrong

    kindly assist

    February 19, 2019 at 3:56 pm #505773
    AvatarJohn Moffat
    Keymaster
    • Topics: 57
    • Replies: 54839
    • ☆☆☆☆☆

    It is a mistake by BPP – they should have rounded to $48,000.

    February 20, 2019 at 10:41 am #505873
    Avataragnes01
    Participant
    • Topics: 8
    • Replies: 2
    • ☆

    noted with thanks sir

    February 20, 2019 at 2:48 pm #505901
    AvatarJohn Moffat
    Keymaster
    • Topics: 57
    • Replies: 54839
    • ☆☆☆☆☆

    You are welcome 🙂

  • Author
    Posts
Viewing 4 posts - 1 through 4 (of 4 total)
  • The topic ‘NPV’ is closed to new replies.

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