• Skip to primary navigation
  • Skip to main content
  • Skip to primary sidebar
Free ACCA & CIMA online courses from OpenTuition

Free ACCA & CIMA online courses from OpenTuition

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

  • ACCA
  • CIMA
  • FIA
  • OBU
  • Books
  • Forums
  • Ask AI
  • Search
  • Register
  • Login
  • ACCA Forums
  • Ask ACCA Tutor
  • CIMA Forums
  • Ask CIMA Tutor
  • FIA
  • OBU
  • Buy/Sell Books
  • All Forums
  • Latest Topics

20% off ACCA & CIMA Books

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

Question from BPP study Text

Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA FM Exams › Question from BPP study Text

  • This topic has 3 replies, 2 voices, and was last updated 7 years ago by John Moffat.
Viewing 4 posts - 1 through 4 (of 4 total)
  • Author
    Posts
  • March 17, 2018 at 7:05 am #442832
    ziniya
    Member
    • Topics: 14
    • Replies: 4
    • ☆

    Sir,
    In example 4.1 of ROCE in BPP book they have mentioned that capital cost of Asset is $80,000 it’s estimated life is 4 yrs, the profits are given before dep as $20k (yr1), $ 25k in (yr2), $35K in (yr 3) and $25k in (yr4).

    I am a bit confused as to how have they calculated Mid year net book value?

    Plz guide me to this part of the example.

    Thanks in advance

    March 17, 2018 at 3:03 pm #442863
    John Moffat
    Keymaster
    • Topics: 57
    • Replies: 54701
    • ☆☆☆☆☆

    I do not have the BPP Study Text – only the Revision Kit. (If you are watching my free lectures then you do not really need a Study Text – the lectures are a complete free course for Paper F9 and cover everything needed to be able to pass the exam well.

    The book you do need is a Revision Kit – they contain lots of exam-standard questions to practice.

    Without seeing the questions, I would assume that they have added together the opening and closing net book values of the asset and divided by 2 to get the average.

    March 17, 2018 at 6:18 pm #442882
    ziniya
    Member
    • Topics: 14
    • Replies: 4
    • ☆

    Actually I have been following your lecture and notes for the paper and surely the exam kit.

    but unfortunately I have failed it 3 times and this has lead to a de-motivation.
    I planned this time to read the study text too.

    If there is anything you can help me with or guidance to clear this paper this time in June’18 will be highly appreciated.

    Thanks 🙂

    March 18, 2018 at 11:43 am #442934
    John Moffat
    Keymaster
    • Topics: 57
    • Replies: 54701
    • ☆☆☆☆☆

    If you have studied the topics properly and understood them, then it is a question of proper practice and exam technique.

    Have you worked through every question in a current edition of a Revision Kit – attempting the questions properly under time pressure before looking at the answers (and then learning from your mistakes)?
    Have you spent time learning from the answers to the non-calculation questions (because only 50% of the exam involves calculations)?
    In the exam, are you giving an answer to every question (even if you have been just guessing the answers for some of the MCQ’s)?
    In Section C, are you setting out your workings in a way that the market can follow, because it is the workings that get the marks rather than the final answer.

  • Author
    Posts
Viewing 4 posts - 1 through 4 (of 4 total)
  • The topic ‘Question from BPP study Text’ is closed to new replies.

Primary Sidebar

Donate
If you have benefited from our materials, please donate

ACCA News:

ACCA My Exam Performance for non-variant

Applied Skills exams is available NOW

ACCA Options:  “Read the Mind of the Marker” articles

Subscribe to ACCA’s Student Accountant Direct

ACCA CBE 2025 Exams

How was your exam, and what was the exam result?

BT CBE exam was.. | MA CBE exam was..
FA CBE exam was.. | LW CBE exam was..

Donate

If you have benefited from OpenTuition please donate.

PQ Magazine

Latest Comments

  • Hsaini on Accounting for Management – ACCA Management Accounting (MA)
  • kennedyavege@2023 on Relevant Cash Flows for DCF Relevant Costs (example 1) – ACCA Financial Management (FM)
  • John Moffat on Relevant Cash Flows for DCF Relevant Costs (example 1) – ACCA Financial Management (FM)
  • mrjonbain on Presentation of Financial Statements (IAS 1) – ACCA Strategic Business Reporting (SBR) lectures
  • Aidos on Presentation of Financial Statements (IAS 1) – ACCA Strategic Business Reporting (SBR) lectures

Copyright © 2025 · Support · Contact · Advertising · OpenLicense · About · Sitemap · Comments · Log in