Hi,
With regard to the Past Year 2011 Dec Q1, the sample answer provided by ACCA, the working no.7:
Is the total cash flows supposedly equals to Opportunity cost + Additional contribution?
Yr 1: (560) + 34 = (526)
Yr 2: (448) +63 = (385)
Yr 3: (358) + 140 = (218), however the sample answer is (277)
Yr 4: (287) + 184 = (103), however the sample answer is (240)
Could you kindly explain?
Ask the Tutor ACCA AFM
Past Year 2011 Dec Q1
You have forgotten the additional tax (in the first line of the workings 7)
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