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Okee thanks must do working properly
oh boy didnt included scrap value then it should be 9900 my Mistake.
Wel I had additional book because for example if I cover all courses of FM any type of question can be related to FM would be best for me to gain more grip also I will also try some quiz so it would be more best for me to clear.
By the way thanks for all help sir.
okee so this the internal method of calculating working capital the thing is i m from pakistan and its every thing is revised here so i didnt watch to saw lecture notes mostly I,ve did all the question from all books from ICMA Books (its our institute in pakistan that have created focus study) i have available books not only the notes of Opentuition but also have books of following
Books
(1) CFAP book
(2)(Colin Drary Book) of Management and Cost Accounting 8 Edition,
(3) Focus Study Book of ICMA,
(4)FM from Opentuition,
(5)ACCA P4 mostly i have calculated working capital in amount like at year 0 (-) and at
the end of year (+)Add back.by the way i have got a telly now
thanks!
Years Cash Flow = Working Capital Net flow
0 -15000 = (-5000*10%) -500 = -15500
1 3000 = (-11000*10%)-(-5000*10%) -600 = 2400
2 9000 = (-8000*10%)-(-11000*10%) 300 = 9300
3 6000 = (-9000*10%)-(-8000*10%) -100 = 5900
4 7000 = (0)-(-9000*10%) 900 = 7900
