CIMAPRO19-P02-1 Exam - Topic 1 Question 32 Discussion

Actual exam question for CIMA's CIMAPRO19-P02-1 exam

Question #: 32
Topic #: 1

[All CIMAPRO19-P02-1 Questions]

The following summarised financial statements have been prepared by JNM's North subsidiary for the year just ended:

Calculate the North subsidiary's Residual Income, assuming that JNM's cost of capital is 10%.

Give your answer to the nearest $ million.

A$24 million, 24000000

Show Suggested Answer

Suggested Answer: A

by Ettie at May 05, 2022, 06:32 AM

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Stacey

7 months ago

Just double-checking the calculations, but I think it checks out.

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Lovetta

7 months ago

I got $24 million too, looks right!

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Alfreda

7 months ago

Wait, are we sure about those figures? Seems off to me.

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Thaddeus

7 months ago

Totally agree, it's all about that cost of capital!

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Cherelle

8 months ago

Residual Income is calculated by subtracting the cost of capital from net income.

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Rene

8 months ago

This question seems a bit tricky. I'll need to think carefully about the differences between distributive and integrative approaches to negotiation.

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Jamal

8 months ago

Okay, I think I know what's going on here. The "HA insufficient resources" error suggests we need to free up some capacity on the hosts.

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Patti

8 months ago

I'm pretty sure white-box testing means access to the code is necessary. So, probably not B or C, but D seems to fit too.

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Keshia

8 months ago

Okay, I've got this. An HR audit is designed to help management analyze HR policies and procedures to ensure legal compliance. That's got to be the right answer.

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