thanks goodness 19 marks of cash flow for f7 )

modified chinese song lyrics

Asset value/Annuity factor = Annual Depreciation.

Can reconcile using RI. This serves to link NPV & RI.

lai lai extra!!

寂寞寂寞就好 - 给我50分就好版

LOLs.go sing it out then post here!

distinct business u mentioned, yes, separate from other business source. it's always like that, when the a business is given incentives and exemptions, it should be separated other business source. so there will be a "aggregate business statutory income".

example:

Adjusted income (Qualifying activities)...........xx
less: Capital Allowance.................................(x)
Statutory income.........................................xx
exemption:
Direct export sales.....................xx
Drop shipment exp. sales...........xx
Local sales.................................xx.............. (x)
Statutory income (Q.A.)...............................xx
Statutory of other business...........................xx
Aggregate business statutory income............xx
-unabsorbed loss.........................................(x)
Net aggregate business SI............................xx

Interest income...........................................xx
Aggregate income........................................xx
less: C/Y business loss................................(x)
........Donation............................................. (x)
Total/Chargeable income..............................xx



and yes, examiner made mistakes tat the total income from the example should be 13.48 but not 16.48.
also, another mistake by examiner is, the B value from the example should be 850 (on the note labelling at right side) but not 750 coz B value is "Annual value of the sales from qualifying activities, ie annual FOB value of direct export and drop shipment export sales plus local sales". but it's funny that examiner used the correct B value to calculate exemptions, just labelled wrongly.

the RPGT part u mentioned, examiner clearly stated tat "withholding of 2% of the total consideration is applicable only if the transaction is partly or wholly in cash. if the transaction is wholly non-cash, withholding does not apply."

this sentence can be found in the article May 2011 "Real Property Gain Tax", at page 9 under the subheading of "Withholding of tax at source".

note:

If the disposer has completed and submitted the form CKHT3 when the consideration consists partly or wholly of money (cash), and he elected for the acquirer not to withhold and remit the whole of the cash or 2% of the total value of the consideration (whichever is the less) to the IRB, then the buyer does not need to withhold the amount even though the consideration consists of cash. The form CKHT3 must be submitted to the IRB within 60 days from the date of disposal by the disposer.

however, if the disposer did not elect for the acquirer not to withhold, then acquirer has to withhold.

let say A (disposer) sold a house to B (acquirer) at RM 500,000. B paid A by shares worth RM 100,000 and the rest by cash RM 400,000.

so the amount to be withheld should be:

2% x RM 500,000(consideration) = RM 10,000 or RM 400,000 (cash paid), whichever is lower.

since RM 10,000 is lower than RM 400,000, RM10,000 is to be withheld and remit to IRB.

2nd example,
A (disposer) sold a house to B (acquirer) at RM 500,000. B paid A by shares worth RM 495,000 and the rest by cash RM 5000.

the amount to be withheld is RM 5000 because the 2% of the consideration is RM 10k which is higher.

This post has been edited by notmycupoftea: Dec 8 2011, 05:57 AM

dun wan la... my voice not nice

sweetie....I can duet with you.

I'm a guy
and not intend to be famous

i thought this was meant to be discussion of ACCA?? LOL..

How do I go to Sunway College exam centre? (I know how to get to Sunway College, Im just not sure once I am in there, where do I go then...)

This is my first time taking exam...

Scared if i lost and can't go to exam on time..

sure got labels and directions to guide u

dont worry

and always reach earlier

yes sunway college got alot of direction label and sign to guide u... and alot of students around too so just ask them if not sure...

I am a hot chic....I am all yours

pic or gtfo, LOL

today finally P5 jor, it's an all or nothing moment! Q1 and Q2 don't know how to do then sure tapao already

obvious troll is obvious.

I love your work too! Good analysis of what we are feeling. P3 on next monday...i am shivering, the more I revised, the more knowledge-gap i discovered

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Added on December 8, 2011, 10:48 amCan I ask a question regarding P3?

BCG Matrix (Market Growth rate and Relative Market Share)
For Market Growth Rate - above 10% is regarded as high right?
What about Relative Market Share - what percentage is regarded as high or low?

Need to know in order to map them correctly on the matrix.

I should have trashed this out earlier .... a bit too late...tried to check online but no info...jia lat.

Anyone knows the answer?


This post has been edited by Doreamon10: Dec 8 2011, 10:48 AM

BCG places heavy emphasis on analysis of comparison between competitors. Growth rate of 10% might be low assuming that during in an economic cycle of full employment rate. Bottom line, compare and compare before getting into any conclusion.

As for the relative market share, anything above 1.0 will be considered as market leader.

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Added on December 8, 2011, 10:58 amGuys, please keep this thread clean. Any discussions beyond ACCA related content should be limited.

This post has been edited by aaron1kee: Dec 8 2011, 10:58 AM

Thank you for the FAST reply. May I know what does "1.0" stands for? In terms of percent is 1%?

This post has been edited by Doreamon10: Dec 8 2011, 11:06 AM

high growth or medium or growth

is very subjective

not only u need to see ur own market share growth

u'll have to see about the market leader's % as well

and inside the scenario, there will be hint of that

no right no wrong

just need to justify ur answer