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It will mean the original budget.

Great 🙂

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I like the way you explained this chapter thank you

Hi John, a quick question about exam questions, if it says to compare actual to budget, is that the original…

Nvm, just saw the last bit of the lecture, i understand it now

Would dividends paid not be under Financing instead of operations? Thank you!

well done

Great 🙂

Brilliant lessons these three, thank you. Made it much clearer, quite easy really. Now I feel a lot more confident…

But it is? >This means that there is a net gain of $1.84 million being the difference between the net…

The cost of debt is not relevant. The tax saving is made on the interest actually paid on the debt…

try another browser or device, The lectures are hosted on YouTube. if you can’t access YouTube, you need to use…

Payables days is the number of days they to pay suppliers for goods bought from them, regardless of whether or…

Oh Sir Moffat, disregard my question. I haven’t finish the lecture before asking. I got confused and impulsively ask this…

Hi Sir John Moffat! Thank you for all your helpful lectures, I am quite confused with regards to example 2…

Am also facing the same challenge despite having Internet 24/7

Why did you use “Purchases of raw materials” for the payables days calculation and not Cost of goods sold?. Isn’t…

i know this lecture is from 2017, still, never too late to correct it. On the option example, the French…

Yes, you do use the spreadsheet formula (and this is all explained in the last chapter of the lecture notes).

capital gains cannot be carried backward when the biz is an existing one, it can only be carried forward

Sorry, disregard the question. The costs are indeed inflated, but not the selling price. This is due to the wording…

Thank you for another great lesson! Would inflation not be applied in time 1, given that time 0 is now?…

I think my query has been responded to in part 3 of the lectures by similar questions from other students.…

Thank you so much Sir for the insightful lectures. Ive been exempted from FM and in my previous studies I’ve…

oh i was wrong about the date of sale, it turned next year

Sir question 3 it says no depreciation charge in the year of sale, so the answer should not have depreciation…

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Yessir, it is indeed important to understand the logic. Thanks very much for replying and recording the lessons!

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