|
Post by astranticima on Apr 27, 2015 12:44:38 GMT
I thought we could get this forum started with a nice discussion of the May 2015 Preseen Industry.
What are the future sustainability concerns for Batton Bicycles?
Are there any new directions in which we can take the company?
Thoughts on corporate governance?
Please share your thoughts below
Look forward to reading your comments!
|
|
|
Post by sandyhood on May 8, 2015 11:27:14 GMT
The examiner reports for the March exams have been published. My advice is to read them. There are 12 sides for 5 exams so that isn't excessive. Two key things to mention here: 1. Technical skills were disappointing 2. Applying P1 and F1 knowledge was weak
On that basis try to consider this possible scenario.
Jim Batton decides to open a new factory. He chooses to finance it principally through borrowing. It takes 9 months to build the factory so that it is ready to use. He starts to use the factory two months later. The loan he took was for 2 years. He incurred the following costs: 25 million building costs, 9 million fixtures and fittings, 1 million legal costs and the interest of 10% per year of 20 million borrowed for 2 years.
Which costs should be included in the cost of the factory that will reported on the statement of financial position (no depreciation to be charged)?
I look forward to reading your responses
|
|
|
Post by sandyhood on May 10, 2015 22:01:11 GMT
|
|