What to do when you are showing your calculations

CFA Level III
#1

so, do you go straight to the formula inputting the values where appropriate or do you first write the theoretical formula and explain what each each letter means?

i have been going straight to the numbers with no letter formulas…would this shave points from the answer total ?

thanks for your input

#2

I was unsure about that too, see this thread: https://www.analystforum.com/forums/cfa-forums/cfa-level-iii-forum/91365961

#3

thanks!