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Past Paper June 2013

This topic has 1 reply, 2 voices, and was last updated 11 years ago by MikeLittle.

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December 5, 2013 at 6:10 am #150439
laengjei
Member
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Dear sir,
With regard to Question 1, working 8 (answer provided by ACCA), the financial assets table, may I know how the interest credit of $2.76m calculated?
December 8, 2013 at 7:53 pm #151705
MikeLittle
Keymaster
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It’s the unsubsidised rate of 6% applied to the amortised cost brought forward of $46.01m
OK?
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