APX co Dec 2009Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA FM Exams › APX co Dec 2009This topic has 1 reply, 2 voices, and was last updated 7 years ago by John Moffat.Viewing 2 posts - 1 through 2 (of 2 total)AuthorPosts September 5, 2016 at 5:12 pm #337984 pinkyjovin123ParticipantTopics: 92Replies: 134☆☆☆Hello,In the d part Answer,How do we get into conclusion that 46% CLs in the current SOFP and 47% CLs in the Forecast SOFPCould you please explain the above figures September 5, 2016 at 5:54 pm #338047 John MoffatKeymasterTopics: 56Replies: 53743☆☆☆☆☆We don’t say that at all!The answer actually says that trade payable are 46% of current liabilities in the current SOFP. In the current SOFP, payables are 1.9, current liabilities are 4.1 So payables are 1.9/4.1 = 46% of current liabilities.It is the same workings for the forecast SOFP.AuthorPostsViewing 2 posts - 1 through 2 (of 2 total)You must be logged in to reply to this topic.Log In Username: Password: Keep me signed in Log In