- This topic has 1 reply, 2 voices, and was last updated 5 years ago by .
Viewing 2 posts - 1 through 2 (of 2 total)
Viewing 2 posts - 1 through 2 (of 2 total)
- You must be logged in to reply to this topic.
OpenTuition recommends the new interactive BPP books for June 2024 exams, Get your discount code >>
Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA AFM Exams › december of 2013 (past year paper)
The question 4(a)?what is the difference between the sale of supermarket as going concern and sell the market seperately?
And wjy the extra cash generated from the sale is $99m,rather than using the balance of the sale of supermarket after repaid the debt,which is $29.07m(511.07-482)?
If it is sold as a going-concern then the customers already exist and the purchaser will immediately have sales.
If the assets are sold separately, then the purchasers will then have to build up customers before they start making profits.
The balance after repayment of debt is 581 – 482 = 99M