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August 15, 2023 at 11:52 pm
Sir please are the formulas given during the exams
July 17, 2022 at 11:19 am
2006 closing inv is the opening inv of 2007 2007 closing inventory given Cos given We can find purchases?
John Moffat says
July 17, 2022 at 4:09 pm
True. But we cannot find them for both years and when comparing we need to compare the same thing.
July 18, 2022 at 12:03 pm
February 26, 2022 at 10:02 am
Hi Sir, just a quick question wouldn’t we know the Purchases if we do Cost of sales + Closing Inventory ?
653 / (5385+1006) * 365 days = 37 days ???
Please enlighten me Thanking you in advance.
February 26, 2022 at 10:12 am
I’m sorry I meant:
653 / (5385+1006 – 871) * 365 days = 43 days
516 / (4212+871 – 0) * 365 days = 37 days
February 26, 2022 at 10:51 am
What about the opening inventory? (and it would need to be the same workings for both years for them to be comparable).
December 4, 2021 at 3:21 am
What about the operational gearing ratio ? Is that not in the syllabus?
December 4, 2021 at 8:58 am
It is not mentioned in the syllabus. It is examined in Paper FM and there are free Paper FM lectures on it.
May 12, 2021 at 12:20 am
Thank you Sir with the lecture its so helpful.
May 12, 2021 at 7:51 am
Thank you for your comment 🙂
October 28, 2020 at 9:13 am
Thank you so much for these teachings. I really appreciate how you simply explain these topics and help us see the logic and common sense 🙂 behind it. I am writing in December and feel a lot more ready as I watch these videos!
October 28, 2020 at 2:17 pm
June 3, 2020 at 4:10 pm
Could you please tell me why we use the number of cost of sales as purchase instead of subtracting the sum of last year’s ending inventory and cost of sales by this year’s ending inventory?
May 9, 2020 at 4:37 pm
i meant in the exams are given the formulaes
May 9, 2020 at 4:57 pm
No – you have to learn them. The formula sheet that you are given in the exam is printed at the beginning of our free lecture notes.
January 20, 2020 at 5:24 am
sir, why is that you’re calculating net profit margin with PBIT instead of using net profit
January 20, 2020 at 6:01 am
Also in ROCE why we can’t use net profit instead of PBIT.
In receivables days and payables days why we’re not taking avg trade receivables and avg trade payables ?
January 20, 2020 at 7:59 am
As I explain in the lecture, it would be better to use average payables and receivables. However the problem is that we then need both the opening and closing balances. We may have both for one year but if we are comparing this year and last year then we need both balances for both years otherwise it is not a fair comparison.
January 20, 2020 at 12:56 pm
January 20, 2020 at 3:39 pm
You are welcome 🙂
January 20, 2020 at 7:57 am
Because we are measuring how well the business is performing. Tax and interest are not under the control of the managers running the business.
Tai Wo says
May 13, 2019 at 4:05 am
In some of the syllabus, they say we should use average receivables as against receivable
May 13, 2019 at 5:11 am
Opening receivable for 2007 will be ending of 2006
May 13, 2019 at 8:07 am
It depends on what information is given in the question as to whether to use average receivables or closing receivables (although if the information is available then average receivables is better).
And yes, opening receivables for 2007 will be the closing receivables for 2006.
April 21, 2019 at 12:07 am
Thank you so much sir for every lecture video..am so grateful.God bless you.
April 21, 2019 at 10:23 am
October 6, 2018 at 9:01 am
Sir, In example 1, if reserves were given, we would have to take into consideration while calculating the total long term capital correct?
October 6, 2018 at 11:47 am
August 29, 2018 at 9:07 pm
August 30, 2018 at 10:20 am
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