[jeff]

I have a question that I hope you can help me with…. I purchased the Becker CD’s and installed them on my PC. I have taken and passed all but one of the exams (BEC left).. I was checking to see if my software was up to date and noticed an expiration date of November 2013.. Does this mean my software ( downloaded from my CD’s) will no longer work after November….or will it no longer be supported but I can still take practice exams and do study questions etc?

Jeff Elliott, CPA (KS) | Another71 | NINJA CPA | NINJA CMA | NINJA CPE

[oilgaslb]

@peetree – that was my downfall (well, the main one) the first time taking BEC. I just didn't think through the questions, so I ended up guessing on nearly all questions related to foreign currency/interest rates/investments. Tonight is my night to re-write all of my formulas 100 times until they're memorized (along with the concept behind them) and revisit certain items – I will definitely be practicing foreign currency questions so that i remember to RTMFQ 🙂 You're not alone!

[oilgaslb]

@peetree – that was my downfall (well, the main one) the first time taking BEC. I just didn't think through the questions, so I ended up guessing on nearly all questions related to foreign currency/interest rates/investments. Tonight is my night to re-write all of my formulas 100 times until they're memorized (along with the concept behind them) and revisit certain items – I will definitely be practicing foreign currency questions so that i remember to RTMFQ 🙂 You're not alone!

[oilgaslb]

@peetree – that was my downfall (well, the main one) the first time taking BEC. I just didn't think through the questions, so I ended up guessing on nearly all questions related to foreign currency/interest rates/investments. Tonight is my night to re-write all of my formulas 100 times until they're memorized (along with the concept behind them) and revisit certain items – I will definitely be practicing foreign currency questions so that i remember to RTMFQ 🙂 You're not alone!

[oilgaslb]

@peetree – that was my downfall (well, the main one) the first time taking BEC. I just didn't think through the questions, so I ended up guessing on nearly all questions related to foreign currency/interest rates/investments. Tonight is my night to re-write all of my formulas 100 times until they're memorized (along with the concept behind them) and revisit certain items – I will definitely be practicing foreign currency questions so that i remember to RTMFQ 🙂 You're not alone!

[nishvik]

@peetree thanks for replying to my queries 🙂

Good Luck

FAR- 79 -->Becker self study, Final review & Flashcards
REG -72-->Becker ,76-->Becker plus Wiley test bank
AUD- 73 Becker,72-->Becker+Wiley,69-->Added ninja notes,89 --> Added Gleim review
BEC- 84 Becker plus Wiley Test bank

I am Done !!!!

[nishvik]

@peetree thanks for replying to my queries 🙂

Good Luck

FAR- 79 -->Becker self study, Final review & Flashcards
REG -72-->Becker ,76-->Becker plus Wiley test bank
AUD- 73 Becker,72-->Becker+Wiley,69-->Added ninja notes,89 --> Added Gleim review
BEC- 84 Becker plus Wiley Test bank

I am Done !!!!

[Zaq]

Ran into my first completely left field total BS question today:

“Under frost-free conditions, Ball Cultivators expect its strawberry crop to have a $120,000 market value. An unprotected crop subject to frost has an expected market value of $80,000. If Ball protects the strawberries against frost, then the market value of the crop is still expected to be $120,000 under frost-free conditions and $180,000 if there is frost. What must be the probability of a frost for Ball to be indifferent to spending $20,000 for frost protection?”

I mean, DAFUQ.

FAR: 50, 76!
REG: 74... (ouch baby, very ouch), 76!
AUD: 65, 91!?
BEC: 80! Aaaand doneskies!

May 2012 to August 2013. Can't believe it's over.

[Zaq]

Ran into my first completely left field total BS question today:

“Under frost-free conditions, Ball Cultivators expect its strawberry crop to have a $120,000 market value. An unprotected crop subject to frost has an expected market value of $80,000. If Ball protects the strawberries against frost, then the market value of the crop is still expected to be $120,000 under frost-free conditions and $180,000 if there is frost. What must be the probability of a frost for Ball to be indifferent to spending $20,000 for frost protection?”

I mean, DAFUQ.

FAR: 50, 76!
REG: 74... (ouch baby, very ouch), 76!
AUD: 65, 91!?
BEC: 80! Aaaand doneskies!

May 2012 to August 2013. Can't believe it's over.

[mmp3]

@omni: yeah that one was especially good since Becker removed the section on expected value from the review material but left the questions in the homework. If you click on ebook it just takes you to the last page of the section with nothing related to expected value. Gotta love it. As much as I loved Becker there were definitely some herky jerky things with the bec review that left me going “huh?”

FAR 92 (2/27/13)
AUD 99 (4/18/13)
REG 93 (7/5/13)
BEC 92 (8/12/13)

Becker Self Study

[mmp3]

@omni: yeah that one was especially good since Becker removed the section on expected value from the review material but left the questions in the homework. If you click on ebook it just takes you to the last page of the section with nothing related to expected value. Gotta love it. As much as I loved Becker there were definitely some herky jerky things with the bec review that left me going “huh?”

FAR 92 (2/27/13)
AUD 99 (4/18/13)
REG 93 (7/5/13)
BEC 92 (8/12/13)

Becker Self Study

[peetree]

LOL i know! @mmp and @omni I was like… “uhhh EV?!?!” luckily most of them were pretty straightforward as its not a hard concept but this question was just complete and utter bullshit.

FAR 02/21/13 - 95
REG 07/02/13 - 87
AUD 08/02/13 - 94
BEC 08/30/13 - 85
Ethics Exam - 90

Illinois candidate awaiting his license

Used Becker Self Study | Ninja Audio | Becker Flash Cards | Ninja Notes | Wiley Test Bank

[peetree]

LOL i know! @mmp and @omni I was like… “uhhh EV?!?!” luckily most of them were pretty straightforward as its not a hard concept but this question was just complete and utter bullshit.

FAR 02/21/13 - 95
REG 07/02/13 - 87
AUD 08/02/13 - 94
BEC 08/30/13 - 85
Ethics Exam - 90

Illinois candidate awaiting his license

Used Becker Self Study | Ninja Audio | Becker Flash Cards | Ninja Notes | Wiley Test Bank

[WhereforeArtThou75]

1) A company recently issued 9% preferred stock. the preferred stock sold for $40 a share with a par of $20. The cost of issuing the stock was $5 a share. what is the company's cost of preferred stock?

I tried using the formula kps = Dps / Nps = PS cash dividends / Net proceeds of PS

but can not get the answer.

2) A company had debt with a market value of $1 million and an after-tax cost of financing of 8%.

Company also had equity with a market value of $2 million and a cost of equity capital of 9%.

Company's weighted-average cost of capital would be?

[WhereforeArtThou75]

1) A company recently issued 9% preferred stock. the preferred stock sold for $40 a share with a par of $20. The cost of issuing the stock was $5 a share. what is the company's cost of preferred stock?

I tried using the formula kps = Dps / Nps = PS cash dividends / Net proceeds of PS

but can not get the answer.

2) A company had debt with a market value of $1 million and an after-tax cost of financing of 8%.

Company also had equity with a market value of $2 million and a cost of equity capital of 9%.

Company's weighted-average cost of capital would be?

[SeattleAccountant]

@Inferno, mmp3

Here is short & sweet probability vid, hope you like it.

https://www.youtube.com/watch?v=eAOTCTiVTg8&list=PLB717B6F672D4489A

Becker Class of Jan - Aug 2013: FARB DONE!!!!
CPA license pending 🙂

[Author]

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