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- This topic has 7 replies, 3 voices, and was last updated 7 years ago by MikeLittle.
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- January 25, 2017 at 4:56 pm #369560
hi I would like to ask if there were finance lease in balance sheet current liabilities
year 2002 is 3000 and year 2003 is 5000
and also non current liabilities finance leases at year 2002 for 42 and at year 2003 for 50
so it is consider outflow or inflow?
where shall it put? is under operating,financing or investing activities?
thanksJanuary 25, 2017 at 8:21 pm #369572May I assume that the non-current liability figures are in fact 42,000 and 50,000?
There has to be some more information! Please tell me the figure that is given to you for additions to TNCA under finance lease
At the moment, without that information, the answer is a purchase of 10,000 (Dr TNCA $10,000 Cr Obligations under Finance Leases $10,000) and NO payments in the year – that is patently unlikely
January 25, 2017 at 9:10 pm #369577Hi mike, I am seeking assistance
For Investor’s ratio
dividend yield dividend per share
______________________ x100
current market value of sharedividend cover earnings per share
______________________ x 100
dividend per shareprice earnings current market value of the share
__________________________
earning per shareearnings yield earnings per share
_________________________ x100
current market value of the shareearning per share
On a cash flow question .how would this be calculated
don’t understand the calculation that wellJanuary 26, 2017 at 8:12 am #369632This has nothing to do with xiiaolih’s post!
Please re-submit his question on your own appropriately titled new thread
Thanks
January 31, 2017 at 1:52 pm #370367There is nothing TNCA under finance lease
There is only mentions that
2002 2003
current liabilities
finance lease 3 5
interest payable 2 3non-current liabilities
finance lease 42 50additional information
interest on finance lease of Rm3 m is included in the interest payable charged to income statement.For this part that u mentioned:
At the moment, without that information, the answer is a purchase of 10,000 (Dr TNCA $10,000 Cr Obligations under Finance Leases $10,000) and NO payments in the year – that is patently unlikelyPurchase of 10,000 should be included in financing activities add or minus?
January 31, 2017 at 2:09 pm #370369If that $10,000 is correct (and I still cannot believe it!) it is shown NOWHERE in the statement of cash flows because … no cash flow is involved
As my entry in my previous post shows, the double entry is Dr TNCA and Cr Obligations account
But I say again, there has to be more information that you’re not sharing with me. The question is a total nonsense in its current form
Tell me where the question is from and the name of the question and maybe I can find it on the internet
January 31, 2017 at 2:53 pm #370374The name of the question is golden dragon
I think it cannot be found in internet maybe too old alrdyJanuary 31, 2017 at 3:31 pm #370381xiiaolih, if you want a definitive answer there’s no alternative but that you will need to type out the full question
As I’ve already said, what you have given me is, for sure, incomplete!
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