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CAPITAL INVESTMENT

Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA PM Exams › CAPITAL INVESTMENT

  • This topic has 3 replies, 2 voices, and was last updated 4 years ago by AvatarJohn Moffat.
Viewing 4 posts - 1 through 4 (of 4 total)
  • Author
    Posts
  • June 3, 2021 at 1:57 pm #622944
    Avatararowosegbemassive
    Member
    • Topics: 16
    • Replies: 12
    • ☆

    ABC

    CAPITAL INVESTMENT

    Ursus, Inc., is considering a project that would have a ten-year life and would require a
    N1,000,000 investment in equipment. At the end of five years, the project would terminate and
    the equipment would have a salvage value of N20,000.
    How do I determine working capital and working released from these question?

    Thank you.

    June 3, 2021 at 3:25 pm #622960
    AvatarJohn Moffat
    Keymaster
    • Topics: 57
    • Replies: 54837
    • ☆☆☆☆☆

    I have already answered and told you that this cannot be asked in Paper PM. It relates to Paper FM (and it is impossible to calculate working capital from the information you have typed – you would be told about working capital if it was relevant).

    June 3, 2021 at 8:48 pm #622995
    Avatararowosegbemassive
    Member
    • Topics: 16
    • Replies: 12
    • ☆

    Thank you very much, I really do appreciate …

    June 4, 2021 at 7:30 am #623052
    AvatarJohn Moffat
    Keymaster
    • Topics: 57
    • Replies: 54837
    • ☆☆☆☆☆

    You are welcome 🙂

  • Author
    Posts
Viewing 4 posts - 1 through 4 (of 4 total)
  • The topic ‘CAPITAL INVESTMENT’ is closed to new replies.

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