ACCA Financial Management lectures Download FM notes
ACCA F9 Cash Management models – The Miller Orr model
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Hello Mr John. Thank you for these amazing lectures, notes, flashcards and everything that you do for us!
I would like to clarify something. For the Spread formula, the interest rate we should use is the interest rate per day. Is that right?
Thank you for your comment, and yes – the interest rate per day 馃檪
hi sir
I am unable to solve the formula with normal accountant calculater. It only has square root function. Last time in my F6 exam my examiner didn’t allow the Casio calculator with fx 82MS. can you please help with this…
You need a scientific calculator for the exam.
The rule on the ACCA website is: “A noiseless, cordless pocket calculator which may be programmable but which must not have a printout or graphic/word display facility in any language”
Your calculator displays words, which is why it is not allowed.
thank you sir for your quick reply..really appreciated…and lectures are really great..
You are welcome (and thank you for your comment) 馃檪
Dear John you are an amazing Tutor, just to save time wouldn’t it be ideal if you could pull the actual notes on the presentation slides so we can follow through the notes and pages & you can highlight the lines/statements you are talking about and we can do the same something similar to how F6 is presented which i did for the last sitting. Just a thought. I am sure you must have a reason to do it this way.
Thank you for the comment – I will think about it 馃檪
sir,
I wanted to know if the range of the upper and lower limit increases if the business grows?
your lectures are amazing sir…thank you so much
They are certainly likely to – as things change they will likely change the lower limit they need, and the other factors will mean that the upper limit will increase as well.
Sir John Moffat,
Excellent Teaching ……
You are truly an Accounting Angel for part time students like me.
Thank you fir your comment 馃檪
Thank you sir for explaining so well. when i calculated i didn’t get 14250 as spread. when i checked the lecture notes answer , it took 400,000 as variance instead of 2000^2 (4000000). Please correct me if i am wrong.
Although there is a typing mistake and the variance should read 4,000,000, the final answer is correct as 14,250.
Thanks for explaining the Miller Orr formulae. It is very useful to understand how it work & how to calculate.
You are welcome 馃檪