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 ACCA V7, Global Body for Professional Accountants

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SereneAshley
post Dec 10 2011, 12:07 AM

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QUOTE(tzxsean @ Dec 10 2011, 12:03 AM)
im quite lucky

every sitting

the questions turned out to be easier than previous sitting  laugh.gif

thats why I told notmycupoftea that I'm VVIP of ACCA
*
sweat.gif You're not exactly helping by gloating how easy you got it.
nick67
post Dec 10 2011, 12:09 AM

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QUOTE(rtsy2 @ Dec 10 2011, 12:05 AM)
Q1 Volume – 100,000 units
Selling Price – $16
Variable Cost – $11 /unit
Fixed Costs – $ 160,000 per annum
Cap Ex – 800,000
Residual Value – 40,000
Working Capital – 90,000 (is needed in year 1 )
TAX at 30 % – In ARREARS

ignore inflation and wda for machines
NPV – ?
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I think I got like +$113k..Damnit starting I was too nervous I wrote all wrongly so I had to cancel everything I write..Wasted like 5-10min there..And it happened again in my wacc calculation!! doh.gif doh.gif doh.gif

And wow you remember all the figures..

This post has been edited by nick67: Dec 10 2011, 12:11 AM
tzxsean
post Dec 10 2011, 12:10 AM

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QUOTE(SereneAshley @ Dec 10 2011, 12:07 AM)
sweat.gif You're not exactly helping by gloating how easy you got it.
*
hey im not showing off
im saying it's depends on ur luck

I said it's easier than prior year
but don mean its very easy sweat.gif


Added on December 10, 2011, 12:12 am
QUOTE(rtsy2 @ Dec 10 2011, 12:05 AM)
Q1 Volume – 100,000 units
Selling Price – $16
Variable Cost – $11 /unit
Fixed Costs – $ 160,000 per annum
Cap Ex – 800,000
Residual Value – 40,000
Working Capital – 90,000 (is needed in year 1 )
TAX at 30 % – In ARREARS

ignore inflation and wda for machines
NPV – ?
*
incremental fixed cost or not?


sounds like calculating sensitivity analysis

This post has been edited by tzxsean: Dec 10 2011, 12:12 AM
nick67
post Dec 10 2011, 12:13 AM

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QUOTE(tzxsean @ Dec 10 2011, 12:10 AM)
hey im not showing off
im saying it's depends on ur luck

I said it's easier than prior year
but don mean its very easy  sweat.gif


Added on December 10, 2011, 12:12 am

incremental fixed cost or not?
sounds like calculating sensitivity analysis
*
Not incremental..Yea next section ask for sensitivity to selling price and discount rate..

This post has been edited by nick67: Dec 10 2011, 12:14 AM
ianlee
post Dec 10 2011, 12:14 AM

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Wasn't prepared for f9..spent too much time on audit.
Gg
tzxsean
post Dec 10 2011, 12:14 AM

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QUOTE(nick67 @ Dec 10 2011, 12:13 AM)
Not incremental..Yea next section ask for sensitivity to selling price and interest rate..
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not incremental means ignore fixed costs liao
nick67
post Dec 10 2011, 12:15 AM

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QUOTE(tzxsean @ Dec 10 2011, 12:14 AM)
not incremental means ignore fixed costs liao
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Ohh wait wait its incremental..I thought you were asking whether subject to inflation..sorry notworthy.gif
tzxsean
post Dec 10 2011, 12:18 AM

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QUOTE(nick67 @ Dec 10 2011, 12:15 AM)
Ohh wait wait its incremental..I thought you were asking whether subject to inflation..sorry  notworthy.gif
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ooo ... i see

how is it compare to last sitting?

laz time got inflation, working capital, capital reduction on asset.. tax in arrears and perpetual succession thing
rtsy2
post Dec 10 2011, 12:23 AM

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I hope i can pass my f9 this timeee!!!!
nick67
post Dec 10 2011, 12:24 AM

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QUOTE(tzxsean @ Dec 10 2011, 12:18 AM)
ooo ... i see

how is it compare to last sitting?

laz time got inflation, working capital, capital reduction on asset.. tax in arrears and perpetual succession thing
*
This sem got wc policies, cash operating cycle, not for profit vs stock exchange listed co, wacc calculation...Cannot remember what else..Basically the calculation part is quite ok..but the theory part doh.gif


Added on December 10, 2011, 12:25 am
QUOTE(rtsy2 @ Dec 10 2011, 12:23 AM)
I hope i can pass my f9 this timeee!!!!
*
haha..hopefully we all can pass laa..what's your npv for q1 and wacc for q3?

This post has been edited by nick67: Dec 10 2011, 12:25 AM
tzxsean
post Dec 10 2011, 12:25 AM

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QUOTE(nick67 @ Dec 10 2011, 12:24 AM)
This sem got wc policies, cash operating cycle, not for profit vs stock exchange listed co, wacc calculation...Cannot remember what else..Basically the calculation part is quite ok..but the theory part doh.gif
*
woah.... key to pass f9 is on theory part

last sitting the theory quite ok...

any more paper on next week?
nick67
post Dec 10 2011, 12:28 AM

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QUOTE(tzxsean @ Dec 10 2011, 12:25 AM)
woah.... key to pass f9 is on theory part

last sitting the theory quite ok...

any more paper on next week?
*
P1 sweat.gif

Yea I don't know why I couldn't answer..I think too kan cheong d because before this I did all the past year question twice (Including the theory parts!!)..when I got into the hall, even my calculation parts also got make mistakes doh.gif Really want to hentam my head..And this sem no hedging cry.gif
tzxsean
post Dec 10 2011, 12:31 AM

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QUOTE(nick67 @ Dec 10 2011, 12:28 AM)
P1  sweat.gif

Yea I don't know why I couldn't answer..I think too kan cheong d because before this I did all the past year question twice (Including the theory parts!!)..when I got into the hall, even my calculation parts also got make mistakes  doh.gif  Really want to hentam my head..And this sem no hedging  cry.gif
*
hedging came out last sitting already wad laugh.gif

oh i got p3... p1 on wed...still long time let u revise..add oil
caillech
post Dec 10 2011, 12:32 AM

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let's share..

my npv 115xxx

wacc 9.4%

same?
rtsy2
post Dec 10 2011, 12:34 AM

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QUOTE(nick67 @ Dec 10 2011, 12:24 AM)
This sem got wc policies, cash operating cycle, not for profit vs stock exchange listed co, wacc calculation...Cannot remember what else..Basically the calculation part is quite ok..but the theory part doh.gif


Added on December 10, 2011, 12:25 am

haha..hopefully we all can pass laa..what's your npv for q1 and wacc for q3?
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Cant rmbr my npv but it's positive. and i have a feeling my figure is wrong cry.gif

irr for q1 or wacc for q3 it's either 11% or 13%. i cant rmbr which is which. lol. yours?? something similar??
caillech
post Dec 10 2011, 12:36 AM

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lols.. not same..

terp= $7.20?
nick67
post Dec 10 2011, 12:36 AM

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QUOTE(tzxsean @ Dec 10 2011, 12:31 AM)
hedging came out last sitting already wad  laugh.gif

oh i got p3... p1 on wed...still long time let u revise..add oil
*
Hedging banyak senang oh whistling.gif

Haha you also add oil man!

QUOTE(caillech @ Dec 10 2011, 12:32 AM)
let's share..

my npv 115xxx

wacc 9.4%

same?
*
I think my npv got 113k if I remember correctly..WACC also almost same 9.x laugh.gif
tzxsean
post Dec 10 2011, 12:38 AM

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QUOTE(nick67 @ Dec 10 2011, 12:36 AM)
Hedging banyak senang oh  whistling.gif

Haha you also add oil man!
I think my npv got 113k if I remember correctly..WACC also almost same 9.x  laugh.gif
*
i didnt boast or gloat when i said im quite lucky during exam
the question will be easier compared to prior year ....

u can compare june 11 p1 with dec 10
nick67
post Dec 10 2011, 12:40 AM

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QUOTE(tzxsean @ Dec 10 2011, 12:38 AM)
i didnt boast or gloat when i said im quite lucky during exam
the question will be easier compared to prior year ....

u can compare june 11 p1 with dec 10
*
Haha then tell me what papers you doing next sem la..I follow you! thumbup.gif Or is this your last sem already?
tzxsean
post Dec 10 2011, 12:41 AM

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QUOTE(nick67 @ Dec 10 2011, 12:40 AM)
Haha then tell me what papers you doing next sem la..I follow you! thumbup.gif  Or is this your last sem already?
*
last already loh if din fail

dec 2010 - f5 f7 f8
june 2011 - f9 p1 p2
dec 2011 - p3 p5 p7

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