Cash Flow Management And Ratios Commenting

Hi Fazeel There's a lecture on cash flows where I show you step by step how to approach a question. There are recordings where I work through cash flow questions since December 2007 There's an interpretation question in the course notes (Elchin and Aurelija) where I've written out the answer in full to illustrate structure and style (and appropriate length of sentences to make each point) I'm not sure what else I can do for you!

OK thanks I got it

But in a lot of answers in Kaplan they are a lot of explanations given to the change in ratios which u haven't mentioned in your answer for elchin, does that mean its not needed

My answer to Elchin was done strictly within the time allocation. Kaplan (and BPP) answers are written by prima donna accountants desperate to demonstrate how clever they are. They use far more time than is available and that's probably why their answers contain more points than my effort. How do I know this? Try copying out a Kaplan answer, word for word, no abbreviations, without having to read a question, think or plan your own answer. Just copy I will be STAGGERED if you write to me and say that you managed to complete the task within 45 minutes My answer demonstrates what you should hope to achieve within the time allocation - and even then you'll struggle!

Hahahaha well said sir couldn't agree more!!

Glad you agree! But try it as an interesting exercise. It's quite fascinating to have it brought home to you that the printed solutions are around twice as long (if not more) than even the best prepared student could manage To be fair to them, their answers are not really intended to represent what a student could manage. They have to be "comprehensive" to avoid students saying "but I got a whole load of different points that weren't in the Kaplan answer. Does that mean that my answer is wrong?"