errata sheet acca p4 study text 2016 - amazon s3 · pdf filep4 advanced financial management |...
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P4 Advanced Financial Management | Errata 1
ACCA P4 – Advanced Financial Management Study text: FOR EXAMS FROM 1 SEPTEMBER 2016 TO 31 AUGUST 2017 Errata sheet: November 2016 Page Details of error 160 The cost of capital in the question should be stated as a nominal post tax cost of capital of 11% (not 22%). 291 Additional tax paid should be calculated on taxable profit in each year (not taxable cash flows)