P4 DEC11

It is integrated into the APV in the examiners answer. I think you mean integrate it into the NPV. You should not, because it is earned in $'s and so you should keep it in $'s rather than convert (and then convert it back again).

Yes. NPV If it should keep it as $. The sales price and the component bought from Tramont, all of these figures are quoted as $. but we should convert at GR. I am still do not understand why only this figure should keep as $. It seems does not make sense because this 4 contribution arises due to brought from Tramont and cost $7. why examiner convert 7 and keep 4 during calculation! If I convert during the exam? I wil lose marks? Thanks John.

The contribution is an additional $ receipt to Tramont (additional to the remittances from GR), and therefore should be dealt with as it is in the answer. You would lose marks doing it differently.

I understand. Thanks.

You are welcome :-)