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Accounting Paper 42.

Rate your Accounts paper 42!

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    Votes: 3 8.8%
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    Votes: 19 55.9%

  • Total voters
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better wait for a few hours na.. just to be on the safe side.. If you are really desperate inbox someone who has already done the paper.
 
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It's okay. You guys can discuss now. :)
I'll start.
The Q1 asked us to make income statement, not appropriation account? Why did you guys found out the share of profits?
 
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Was the ARR 17. Something?? And the IRR 30.sumthng?? And in year zero was net cash outflow 20000 bcuz of interest?
 
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Why

wont it be included ?
It was the most difficult decision I had to take in the paper. It won't be included because logically, if you do, the outflow would surpass the inflow. In short, the project would create a vast outflow instead of any inflow at all. And the second project had a positive NPV, so I thought it was logical not to include the outflow of 200,000 in the last year.
 
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It was the most difficult decision I had to take in the paper. It won't be included because logically, if you do, the outflow would surpass the inflow. In short, the project would create a vast outflow instead of any inflow at all. And the second project had a positive NPV, so I thought it was logical not to include the outflow of 200,000 in the last year.
same here.. you just gave me a glimmer of hope <3 especially when like 3/4 of the people in my centre included it..
 
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Wait
It was the most difficult decision I had to take in the paper. It won't be included because logically, if you do, the outflow would surpass the inflow. In short, the project would create a vast outflow instead of any inflow at all. And the second project had a positive NPV, so I thought it was logical not to include the outflow of 200,000 in the last year.
noo i mean the interest payment will ne included nt the complee loan ?
 
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Oops :p Sorry, I thought you were talking about complete loan figure.
Yes, the interest of 20,000 was included from Year 1 to Year 5
Okay :p but i got a negative Npv for the second ? Nd why would $200000 be inuded in net cashoutflow we usually dont include ot when calculating the net cash flows ?
 
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