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Consolidated SOCFs-Working Capital movement- Moyes DEc 18

This topic has 1 reply, 2 voices, and was last updated 4 years ago by Stephen Widberg.

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July 26, 2021 at 5:17 pm #629503
tinkle
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Dear Sir, I hope you are doing good.
Could you please help me understand what in the question have I missed such that the answer working doesn’t include any adjustments for the acquired and disposed of subsidiary and finds the movement directly by subtracting opening and closing balances of working capital
July 27, 2021 at 7:38 am #629531
Stephen Widberg
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Question does not mention the balances of the sub bought / sold, so there is nothing to adjust in working capital. We are only preparing the operating section of the CF in the first requirement. Does that make sense?
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