Free ACCA & CIMA online courses from OpenTuition

Free Notes, Lectures, Tests and Forums for ACCA and CIMA exams

20% off ACCA & CIMA Books

OpenTuition recommends the new interactive BPP books for September 2025 exams.
Get your discount code >>

Q2 – Mar/Jun 2018 APV

Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA AFM Exams › Q2 – Mar/Jun 2018 APV

Viewing 2 posts - 1 through 2 (of 2 total)
  • Author
    Posts
  • July 15, 2020 at 7:19 am #576844
    Tony
    Participant
    • Topics: 2
    • Replies: 7
    • ☆

    Hi Opentuition,

    I am wondering why the tax shield on loan in the answer doesn’t include loan issue cost please?

    Tony

    July 15, 2020 at 7:28 am #576848
    John Moffat
    Keymaster
    • Topics: 57
    • Replies: 54696
    • ☆☆☆☆☆

    It is because the question says that the issue costs are paid out of available cash reserves (and so not out of the finance raised).

  • Author
    Posts
Viewing 2 posts - 1 through 2 (of 2 total)
  • You must be logged in to reply to this topic.