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Q5b, June 2010 exam

This topic has 1 reply, 2 voices, and was last updated 8 years ago by MikeLittle.

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September 1, 2016 at 3:44 pm #336845
Candy
Member
- Topics: 135
- Replies: 79
Dear mike,
Please explain why in order to get the Net Borrowing cost we do not set off the £40k investment income against the borrowing costs?
£750
(£40)
=£710
Many thanks
September 1, 2016 at 7:25 pm #336904
MikeLittle
Keymaster
- Topics: 27
- Replies: 23327
You’ll need to write out the question – June 2010 is no longer on the past exam page for ACCA
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