Question

F7 june attempt

Study buddy us needed

Answer 1

I am in for a study buddy too..

Conrad from Uganda

Answer 2

Hello there,

I am  studying for Septembre sitting, if we can study together by what is up telegram groups let me know .

Answer 3

On 1 July 20X7, a company purchased a five-year loan note investment with a par value of $7m. The investment was purchased at a 12% discount. The loan note has a coupon rate of 5% and an effective interest rate of 7%. Interest is receivable annually in arrears. The company has the intention of holding the loan note to receive the contractual cash flows. How much finance income should be reported in the statement of profit or loss of the company for the year ended 30 June 20X9 (to the nearest $'000)?

 

Do you know when to not to calculate Present value