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Past Year 2011 Dec Q1

Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA AFM Exams › Past Year 2011 Dec Q1

  • This topic has 1 reply, 2 voices, and was last updated 11 years ago by John Moffat.
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    Posts
  • October 27, 2013 at 9:18 am #143827
    laengjei
    Member
    • Topics: 24
    • Replies: 19
    • ☆

    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?

    October 28, 2013 at 6:33 pm #143978
    John Moffat
    Keymaster
    • Topics: 57
    • Replies: 54700
    • ☆☆☆☆☆

    You have forgotten the additional tax (in the first line of the workings 7)

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