question about ptc past paper 2005
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hello,
could somebody explain to me how the aat got the answer of £17271 for the disposal of shares in december 2004, i would really appreciate some kind of input - this is for task 2.1, thisis for ptc june 2005
Many thanks
sebula
could somebody explain to me how the aat got the answer of £17271 for the disposal of shares in december 2004, i would really appreciate some kind of input - this is for task 2.1, thisis for ptc june 2005
Many thanks
sebula
0
Comments
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Re:question about ptc past paper 2005
Sebula,
You will get 17271 if you divide the indexed cost 18653 with no of shares left 5400 and multiple it with no of sold shares 5000.
18653/5400x5000=17271
I hope this helps.0