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jackstyna

Profile picture of jackstyna
Active 4 years ago
  • Topics: 3
  • Replies: 5
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Viewing 5 posts - 1 through 5 (of 5 total)
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  • October 12, 2019 at 3:57 pm #548921
    mysteryjackstyna
    Member
    • Topics: 3
    • Replies: 5
    • ☆

    I see.

    Is there a difference between Finance cost and Interest? Or are they interchangeable?

    I have 2 questions asking for Profit before Tax

    One question, minuses the Interest to arrive at the PBT

    The second adds back the Finance cost, to arrive at PBT

    Again, thanks for your patience, John.

    October 10, 2019 at 6:54 pm #548695
    mysteryjackstyna
    Member
    • Topics: 3
    • Replies: 5
    • ☆

    Just re watched your video lecture “Statements of cash flow part B” all is clear now, Thanks again.

    October 9, 2019 at 8:52 pm #548537
    mysteryjackstyna
    Member
    • Topics: 3
    • Replies: 5
    • ☆

    Am i right in thinking we just CR with the Tax expense for the year, and then balance the account, with the plugin figure?

    March 7, 2019 at 3:29 pm #508353
    mysteryjackstyna
    Member
    • Topics: 3
    • Replies: 5
    • ☆

    Thank you,

    That is what I presumed, my mind can now rest.

    March 7, 2019 at 2:49 pm #508338
    mysteryjackstyna
    Member
    • Topics: 3
    • Replies: 5
    • ☆

    Thanks for the reply,

    The question is in a Kaplan MA2 exam Kit 2018, Page 75 in Cash Management.

    Iv’e double checked everything and typed as exact from within the book,

    The workings they show for the answer are as follows,

    Cash Sales 10% of $40,000 4,000
    Receivables
    $36,000 x 40% x 96% in 1st month 13,824
    x 50% in 2nd month 18,000

    Total 35,824

    Thanks again.

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Viewing 5 posts - 1 through 5 (of 5 total)

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