Dfs 2010 =)
Comments
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balance
If it balance we must do something right I thought very straight forward paper any one got 2704(or st like that ) net profit for 1st task????0 -
Anyone here sat it in Southampton? I was wondering if the girl who went out hardly an hour in went home because she couldn't do it, or that she was just so good she finished by then?
I thought the paper was fair and I'm not 100% sure on section 2, but in section 1 everything balanced. I'm not sure about the question about inventories, but waffled a bit!
Hopefully I scrambled enough marks in section 2
Silly enough I'm quite sure I had the question 2 in section 2 wrong.... I studied on it and knew it when I did practice question, but my brain went mushy on that question, even though I did it before I started on the rest.
O well, we'll see!
Happy Rinske now though. Also the lunch in Costa with Anniem was a great way to celebrate the end of the exams for me!0 -
exam panic wrote: »If it balance we must do something right I thought very straight forward paper any one got 2704(or st like that ) net profit for 1st task????
I got 2704 I've got in front of me all my answers.... 0 -
balance sheet assets figure is about 30805 if some one can remember exactly
The balance sheet assets is 30805 .....0 -
exam panic wrote: »If it balance we must do something right I thought very straight forward paper any one got 2704(or st like that ) net profit for 1st task????
Yea I think that's what I got.0 -
exam panic wrote: »The balance sheet assets is 30805 .....
yep0 -
second task
Consolidate I think is 90445 I really can't remember but st like that0 -
i got this : )exam panic wrote: »Consolidate I think is 904450 -
exam panic wrote: »Consolidate I think is 90445
I got 95444.70 without roundings0 -
Rinske - where did you sit your exam?
I found part 2 was really nice - the ratios were really straight forward, the report was straightforward and even the question on the framework was do-able.0 -
Yup got 2704 for IS, 30805 for sofp, I got 95445 for the consolidated IS?0
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Yeap I got £186.30 for the impairment loss, and balanced at £95444.700
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I reaaly can't remember much by now but it all balance so I think will be ok0
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impaire is
186.3 so I round down to 186 and good will I think I got 1056 if that I remember0 -
I didn't round it up or down. But just left it as .3 or .7 or whatever it was!0
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Then you had to do a statement of changes in equity which would give you the retained earnings to use in your sofp.exam panic wrote: »If it balance we must do something right I thought very straight forward paper any one got 2704(or st like that ) net profit for 1st task????0 -
clear up
now I have to clear up and put my book 8&9 on ebay0 -
this is what i got for consolidated
goodwill 1055.70
ppe 64890
inventories 19782
receivables 9356
cash 361
Total assets 95444.70
Share capital 32000
Share premium 8000
Retained earnings 15639.70
Non controling interest 8715
Payables 10290
Tax 2800
Total equite&liab 95444.700 -
BBP Southampton.
I left my exam early so half thought you had done it in the same place as me. Was someone else maybe in the same situation as me or they just know the subject well!!!
I struggled with this subject at the start, had a go and it just did not work out. I know my weak areas and can just work my socks off as it's the only subject I have left and try again in December as i WILL do this : )0 -
reteined earning
I really don't know what the figure is but from than easy you add profit to retained earning and less devidend but I don't remmeber what it is0 -
this is what i got for consolidated
goodwill 1055.70
ppe 64890
inventories 19782
receivables 9356
cash 361
Total assets 95444.70
Share capital 32000
Share premium 8000
Retained earnings 15639.70
Non controling interest 8715
Payables 10290
Tax 2800
Total equite&liab 95444.70
sound right to me that figure if I round down tht will be 954450 -
Oke, call me stupid, but I didn't see them asking for a statement of changes in equity.
Did they specifically ask for this or was just workings enough?
I did find it odd they add it in the study list and not ask for one, but I thought that maybe the exam was made before it was added.
Anyways, if that was specifically asked, I will most certainly have a resit.
O well, I'm just so happy I don't have to study for a bit, that I do like to have passed, but if not, at least I got a few months off!
Huray! I can't wipe that big smile of my face today!0 -
bobo How can you remember all this
you must have supper memory better than a computer0 -
Oke, call me stupid, but I didn't see them asking for a statement of changes in equity.
Did they specifically ask for this or was just workings enough?
I did find it odd they add it in the study list and not ask for one, but I thought that maybe the exam was made before it was added.
Anyways, if that was specifically asked, I will most certainly have a resit.
O well, I'm just so happy I don't have to study for a bit, that I do like to have passed, but if not, at least I got a few months off!
Huray! I can't wipe that big smile of my face today!
i dont remember one either0 -
I don't either - where did you have to do that??!!!0
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I didn't see anything about a statement of changes in equity either? I worked out the retained earnings etc using my usual method. I know you had to explain the changes in equity but don't think we were asked to produce a statement?0
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this is what i got for consolidated
goodwill 1055.70
ppe 64890
inventories 19782
receivables 9356
cash 361
Total assets 95444.70
Share capital 32000
Share premium 8000
Retained earnings 15639.70
Non controling interest 8715
Payables 10290
Tax 2800
Total equite&liab 95444.70
How on earth did you remember all that?!0 -
How did people answer the report in section 2? I have a bad feeling ive interpreted the ratios wrong!0
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You didn't. Maybe jnrmo just means the calculation you had to do to get the Retained Earnings figure as that is changes in equity0
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