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ca33-advanced-financial-management

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  • UPLOADED BY Unknown
  • DATE 06 Dec 2025
  • SIZE 0.26 MB
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About This Document

Document Type: This is a Past Paper focused on the two companies, designed for Reviewing previous question patterns.

Context: Standard material from the 2021 academic period.

Key Content: Likely covers essential definitions, structured questions to test your proficiency.

Study Strategy: Attempt these questions under timed conditions to simulate a real exam environment, then check against your notes.

Recommendation: comprehensive resource for students aiming to deepen their understanding of the two companies.

1,003 words

Detailed Content Overview

6 min read Advanced Level 1,003 words
Introduction

This notes resource titled "ca33-advanced-financial-management" provides comprehensive exam preparation materials designed to test and enhance your understanding. This resource is structured to facilitate effective learning and retention of important information.

Key Topics Covered
1 ADVANCED LEVEL PILOT PAPER ADVANCED FINANCIAL MANAGEMENT De
2 Advanced for mergers and acquisitions
Learning Objectives
  • Master key concepts required for examination success
  • Practice answering exam-style questions effectively
  • Develop time management skills for timed assessments
  • Identify and address knowledge gaps in understanding
Detailed Summary

CPA ADVANCED LEVEL PILOT PAPER ADVANCED FINANCIAL MANAGEMENT December 2021. Marks allocated to each question are shown at the end of the question. QUESTION ONE (a) GLD Building Group is contemplating a takeover of Diarim Enterprise Ltd. , a manufacturer of earthmoving equipment. Number of shares in issue Dividend per share Price per price GLD Diarim 6,000,000 Sh. 20 ke The following information is available about the two companies. The cost of equity capital for both firms is 10%. From a level of Sh. 06 per share 6 years ago, GLD’s dividends has grown to the current level of Sh. GLD’S management is confident that managerial synergies arising as a result of proposed takeover will enable them to increase Diarim Ltd’s past dividends growth rate by a further 1%. The merger will involve transactions cost of Sh. Required: Based on the approximate dividend growth rate, estimate the post-acquisition value of Diarims Ltd. using the dividend growth model, and evaluate the value gain arising as a result of the takeover.

Study Tips & Recommendations
Time Management

Practice under timed conditions to improve speed and accuracy. Allocate specific time limits to each section.

Active Practice

Attempt all questions before checking answers. Review mistakes to understand where improvements are needed.

Mark Scheme Review

Study marking schemes carefully to understand how examiners award points and structure your answers accordingly.

Regular Review

Schedule periodic reviews to reinforce learning and combat forgetting. Use spaced repetition for optimal retention.

Content Preview

CPA ADVANCED LEVEL PILOT PAPER ADVANCED FINANCIAL MANAGEMENT December 2021. Time Allowed: 3 hours. Answer ALL questions. Marks allocated to each question are shown at the end of the question. Show ALL your workings. QUESTION ONE (a) GLD Building Group is contemplating a takeover of Diarim Enterprise Ltd., a manufacturer of earthmoving equipment. Number of shares in issue Dividend per share Price per price GLD Diarim 6,000,000 Sh.0.30 Sh.8.91 4,000,000 Sh.0.09 Sh.3.20 ke The following information...

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