Financial position – liquidity and working capital example 2 – ACCA Financial Reporting (FR)
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thank you professor for clear and short explanations!
thank you profressor
is it correct to speculate that the GPM had decreased due to increase in cost of sales which is reflected in the closing inventory?
hi,
thanks for great lectures. just wondering , with GPM reduction would be ok to speculate about workforce needed training and raw material wastage could increased because of the launching new product?
thanks
You did not speculate WHY the cash has disappeared or reduced to zero.
Okay, I get it now. You speculated that the cash was used to finance the expansion (The launch of the new product)