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John Moffat.
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laengjei
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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?
John Moffat
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You have forgotten the additional tax (in the first line of the workings 7)
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