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Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA AFM Exams › Yilandwe june 2015
Hello sir in the above question while calculating npv i know how the sales revenue has been calculated by multiplying the no of units with selling price per unit by putting inflation effect but i m confused with 000 and millions concept here like for
Year 1 150000 units × 735=110250*165 (exchange rate)=18191250
As i am taking whole npv part in thousands
But when i look at the answer sales revenue is 18191 for yr 1 please explain
150,000 x 735 x 165 = 18,191,250,000 (not 18191250), and this is the same as 18,191 million.
