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Qs avem ..12/14

Nnaina8y ago
This qs took me one hour to only understand the first requirement additional benefit for avem to acquire fugae And what confused me the free cash flows equity multiple ?? What is this !! I watched also first part of avem video on revision section ..but still I m confused with this term .. In both sentences the 7.2 multiple and later it says that the combined valvue will be higher than multiple of fcfe What do I mean for this multiple fcfe ?
Nnaina8y ago#1
Also I m now really concerned to complete all question in exam in given time .for that purpose I took this qs 1 to start off under timed condition ..now I am worried and nervous on the completion of paper in time . Would u please share some useful tips that could help me to overcome my low confidence . Thank u
John MoffatJohn MoffatTutor8y ago#2
Multiple simply means to multiply the fcfe by the figure. You can find my lectures working through this question linked from the following page: https://opentuition.com/acca/afm/afm-revision-lectures/ In the lecture I do discuss the approach to the question and how to break it down to make sure you get the marks. Obviously there is enormous time pressure, but it is the same for everyone. The important things are to spend time reading the question and underline key requirements and information (so you do not forget about them later). Also, do not waste time getting bogged down on individual calculations - if it comes out quick then fine, but if you get messed up then you must move on. Do not expect to finish every question - you will not - but you must do something for every part of every question. Make sure you workings are clear to the marker, and provided it is clear you are trying to do the right thing then you will get marks even if all the figures you calculate are wrong (or if you have not finished the calculations).
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