P4 free december 2010 material , news,

Hi all. How are you. I wanted to ask if people could look at the BPP revision Kit. I am using the Dec 09 revision kit. The question is number 7 and it is called the cost of capital.If you are using the Dec 2010 bpp revision kit, then it is question no 6. Anyway can anyone tell me why we have to discount the interest of 8% and the par value of 100 at a redemption yield of 9%. Why can’t we just use the the current market price of $110.

Please add my to your group mailing list. I am taking F8, P1, P3 and P4 my final 4 exams.
Thanks

i just joined the forum. pls i need your assistances. i am sitting for P3, P4 and P7
thanks for ur collaboration

Hey every one …
Even i have some problems .. but mine is related to FTC Kaplan..I am havin problems with question 3 of exam kit i.e WURALL …in that question i cant understand how is the short term loan & overdraft amount is coming 266,287,332 & 320 in the statement of financial position…

I would be grateful to any one who helps me out 🙂

Secondly even i would like the notes etc

my id is kingzaman@hotmail.com
pls do lemmie knw when u send da notes
thnnx

yup u r rite priyak i got how to do it .. thnx for ur concern ..
how about Q1 from where r they getting 18 days of cost of sales unfunded :S

Ermm…can u please send me the notes for P4 to me ? ..Thank you very much. i’m very appreciate it , if u can send it to me. Do you have other papers (P2,4,7) notes.
Email address: 597415203@qq.com

@ Rave : Thnx mate i will surely luk into wht u have said once i get bak to tht question…

@ Ruchin: I cant actually understand whts confusing u ..the the tax rates or how they reached the capital allowance figure :S..

@kingzaman said:
@ Rave : Thnx mate i will surely luk into wht u have said once i get bak to tht question…

@ Ruchin: I cant actually understand whts confusing u ..the the tax rates or how they reached the capital allowance figure :S..

Ok moreover i have a few doubts .. in question 6 of ftc exam kit TOVELL INC ..in the calculation of capital allowances why have they taken the written down value as 1050 instead of 1250 as they have mentioned in the question tht 1250 is the orignal cost ..and secondly same doubt in question 9 SLEEPON HOTELS INC ..the written down value shud be 250 instead they r showing it as 205…i really cant get how they reach these 2 figures..

I will have a look at the question you’ve asked and will get back to you.
In my question, whats troubling me is why would you take capital allowances into the PBT figure calculation at all? See, if there was any depriciation to be considered, we would have deducted that to get to the PBT figure, but capital aloowances are solely used to caculate the total tax figure. Do you get it? My answer goes:

Year 1: Sales (57.75) less Variable and Fixed Costs (47.73) to give you Contribution of 10.42 less Interest (1.4) which will give you a PBT of 9.02. whereas in the book its given a PBT of 5.76 (They have taken capital allowances as part of the calculation to get to this figure, which according to me should not have been taken.) The reason is that this impacts Year 2 and 3 calculations of PBT and hence PBT growth percentages which is a crucial part of the question.

I understand that this is long but please do take time to ponder over this. May be there is something that I am missing out on.

@kingzaman said:
@ Rave : Thnx mate i will surely luk into wht u have said once i get bak to tht question…

@ Ruchin: I cant actually understand whts confusing u ..the the tax rates or how they reached the capital allowance figure :S..

Ok moreover i have a few doubts .. in question 6 of ftc exam kit TOVELL INC ..in the calculation of capital allowances why have they taken the written down value as 1050 instead of 1250 as they have mentioned in the question tht 1250 is the orignal cost ..and secondly same doubt in question 9 SLEEPON HOTELS INC ..the written down value shud be 250 instead they r showing it as 205…i really cant get how they reach these 2 figures..

Hai,
Sorry couldn’t get back to your previous query.

I have seen the following 3 doubts put forth by you as well as ruchin. But I didnt get time to look at it properly so give me a while to chk thru to plz.

Another thing the doubt regarding Que 9 on Sleepon Hotels of why the WDV is shown as 205 instead of 250 is plainly a clerical mistake. The amount to be taken is 250 as when you calculate the CA (250 @ 25%) gives 62.50 itself for year 0+1 and when carried forward the WDV for year 2 is 187.5 (250-62.5).

The answer is correct only but a mistake in typing it as 205 instead of 250. Thats all. No tensions.

Catch up with the other doubts later.

Pri…

I will also like to receive materials that will help me pass P4.You can send them to kolawole.oladejo@oceanicbank.com

Hi, I want to be a group of you guy too. My email address is nling621@hotmail.com
Thanks.

Hi I hope I am not late.pls send me the p4 notes.I find it very challenging and would really be gratefull.my mail is birengelc@yahoo.com