[Cerius]

Any hero taking macro gonna skip economic growth like me? My maths too lousy to even decipher the solution, the most memorise the derivation if really no choice and get some marks. -.-

[Sneijder8]

Cerius wrote:

Any hero taking macro gonna skip economic growth like me? My maths too lousy to even decipher the solution, the most memorise the derivation if really no choice and some marks. -.-

I'm skipping that chapter entirely.

Haven't tried it but no point starting something new when most other topics aren't even covered well yet.

[Cerius]

Sneijder8 wrote:

I'm skipping that chapter entirely.

Haven't tried it but no point starting something new when most other topics aren't even covered well yet.

wow, high risk taker like me, lets just hope the other question won't be too hard that we are left with no choice. Like last year's paper really lol.

[Sneijder8]

Cerius wrote:

wow, high risk taker like me, lets just hope the other question won't be too hard that we are left with no choice. Like last year's paper really lol.

Feel sorry for our seniors really, studied so hard using PYPs then when they flipped open the paper they find themselves facing that..

Anyways:

Universities roll out 'MRT delay plan' during exams - Channel NewsAsia

[boohoo88]

Sneijder8 wrote:

Feel sorry for our seniors really, studied so hard using PYPs then when they flipped open the paper they find themselves facing that..

Anyways:

Universities roll out 'MRT delay plan' during exams - Channel NewsAsia

yea saw the report also but doesnt seem that it will apply to us eh..only have smu ntu and nus inside the report..wonder if sim will do anything about it..

[supersunshine]

Sneijder8 wrote:

Feel sorry for our seniors really, studied so hard using PYPs then when they flipped open the paper they find themselves facing that..

Anyways:

Universities roll out 'MRT delay plan' during exams - Channel NewsAsia

last year cf was a shocker?

[Cerius]

supersunshine wrote:

last year cf was a shocker?

last year got NPV question, which I can say is already a savior for those taking CF to pass. but for those seeking 2nd upper and above, really bad luck.

[Cerius]

Sneijder8 wrote:

Feel sorry for our seniors really, studied so hard using PYPs then when they flipped open the paper they find themselves facing that..

Anyways:

Universities roll out 'MRT delay plan' during exams - Channel NewsAsia

yeah the way they increase the benchmark is ridiculous, just a few years ago like 2009 and 2008 paper, there are such easy questions on ISLM like substituting figures into Y = C + I + G and straight forward adjustments such as telling you an increase in taxes directly

Right now the macro is....

[walsly]

Cerius wrote:

last year got NPV question, which I can say is already a savior for those taking CF to pass. but for those seeking 2nd upper and above, really bad luck.

ish jin sian so how about the capital allowance thingy? shld we follow the commentary?

[Cerius]

walsly wrote:

ish jin sian so how about the capital allowance thingy? shld we follow the commentary?

i don care already, I will just state straight line depreciation = xxx amount every year until blabla, i am very sure they won't mark u down for it, they are testing us on the capital allowance and tax concept, not depreciation anyway. If everything is shown i am sure full marks is still awarded.

[walsly]

Cerius wrote:

i don care already, I will just state straight line depreciation = xxx amount every year until blabla, i am very sure they won't mark u down for it, they are testing us on the capital allowance and tax concept, not depreciation anyway. If everything is shown i am sure full marks is still awarded.

like dat i follow the commentary shld b ok?i all along tot the commentary is correct de until u n sneijder brought it up lol. tbh i dono wat is the correct way of doing btw lol. i no accounting/pbf bckground at all >.<

[Cerius]

straight line depreciation for that question is easier than the commentary's reducing balance method.

Initial cost - residual value (25000 disposal value) / no. of years.

250000 - 25000 / 4 = 56250 each year.

As depreciation is always at the end of year, capital allowance is stated to compute the beginning of year value.

So for year 1 beginning of year before depreciation is the initial value.
0.25 x 250000 = 62500

Year 2's asset value is (250000 - 56250 depn) x 0.25 capital allowance = 48437.5

Year 3's asset value is (250000 - 56250 - 56250) x 0.25 capital allowance = 34375

Whereas what they are doing is reducing balance, 4 years = 25% depreciation each year.

Year 1 is the same as above.
Year 2 [250000 - (0.25 * 250000)] * 0.25 capital allowance = 46875
Value of asset here at bgn is in bold = 187500
Year 3 = [187500 - (0.25 * 187500) ] * 0.25 capital allowance = 35156.25

figures quite close but still =.= no idea why they keep doing reducing balance when asked for straight line for 2011 and 2010 paper!

[Sneijder8]

Cerius wrote:

yeah the way they increase the benchmark is ridiculous, just a few years ago like 2009 and 2008 paper, there are such easy questions on ISLM like substituting figures into Y = C + I + G and straight forward adjustments such as telling you an increase in taxes directly

Right now the macro is....

If you ask 2008 candidates take the 2011 paper, doubt those who scored 70 back then will even get 60 this time.

I think now the biggest concern for macro is whether will still have the closed economy qn telling us to find equilibrium price and output. If like prelim liddat dun have then alot of us will have a very hard time liao..

Cerius wrote:

straight line depreciation for that question is easier than the commentary's reducing balance method.

If both ways are acceptable up to full marks then i think the report's method easier bah. Although the figures not as nice but from the workings table it is clear that:

NBV(t0) = CA(t1) + NBV(t1)

So just follow zigzag pattern in working can get answer.

[euko82]

Who is taking IM?

What to study?

1st time taking

[Ryuuzaku]

hi guys,i want to ask if i can take a risk by skipping ratios, cash budget and variances for POA? focus only on p&l, cashflow, npv, balance sheet, thats all