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

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

Question #: 32
Topic #: 1

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

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Suggested Answer: A

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

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