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Zse Co June 2010 expected values q

Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA FM Exams › Zse Co June 2010 expected values q

  • This topic has 4 replies, 2 voices, and was last updated 9 years ago by John Moffat.
Viewing 5 posts - 1 through 5 (of 5 total)
  • Author
    Posts
  • November 22, 2015 at 12:55 pm #284540
    drice99
    Member
    • Topics: 52
    • Replies: 78
    • ☆☆

    Hi John

    Before I watched your lecture on this I had a wild stab at it and I got the correct answer although my method was not the same as yours. Mine was a lot quicker though I am concerned that my method is wrong and its just coincidence I got the right answer and I would run into trouble for a more complicated question

    Here it is!

    (a) (i)

    Opening balance (500)
    +8000×0.1=800
    +4000×0.6=2400
    +(2000)x0.3=(600)
    =closing balance at end of period 1 $2100

    (ii)
    Opening balance 2100
    +7000×0.3=2100
    +3000×0.5=1500
    +(9000)x0.2=(1800)
    =closing balance at end of period 2 $3900!!

    What do you think?

    Cheers

    Hugh

    November 22, 2015 at 12:56 pm #284542
    John Moffat
    Keymaster
    • Topics: 57
    • Replies: 54700
    • ☆☆☆☆☆

    It isn’t a coincidence 🙂

    Your way of doing it is fine!

    November 22, 2015 at 1:13 pm #284545
    drice99
    Member
    • Topics: 52
    • Replies: 78
    • ☆☆

    Ah great 🙂

    November 22, 2015 at 1:18 pm #284546
    drice99
    Member
    • Topics: 52
    • Replies: 78
    • ☆☆

    As it happens if I wanted to answer parts (iii) and (iv) I would need your table 😉

    November 22, 2015 at 1:56 pm #284560
    John Moffat
    Keymaster
    • Topics: 57
    • Replies: 54700
    • ☆☆☆☆☆

    That is true 🙂

  • Author
    Posts
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