2013 June q1Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA AFM Exams › 2013 June q1This topic has 3 replies, 2 voices, and was last updated 10 years ago by John Moffat.Viewing 4 posts - 1 through 4 (of 4 total)AuthorPosts November 23, 2014 at 2:31 am #212294 2009puserParticipantTopics: 7Replies: 1☆Pv after 4 years how to get it? 47.6 where to get it? November 23, 2014 at 11:04 am #212358 John MoffatKeymasterTopics: 57Replies: 54648☆☆☆☆☆Do you really expect me to type out the whole answer to the question here?You have the examiners solution, so you really will have to say which part of the answer is causing you a problem and then I will do my best to explain. November 23, 2014 at 4:13 pm #212458 2009puserParticipantTopics: 7Replies: 1☆No i do not realise how toget 47.8. November 23, 2014 at 8:21 pm #212491 John MoffatKeymasterTopics: 57Replies: 54648☆☆☆☆☆The operating profit is 79.0 (it is inflating each year at 7.5% p.a.). The tax on it is at 25%, so 19.5. The additional capital investment is 10.9So the free cash flow is 79.0 – 19.5 – 10.9 = 47.6AuthorPostsViewing 4 posts - 1 through 4 (of 4 total)You must be logged in to reply to this topic.Log In Username: Password: Keep me signed in Log In