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cash flow statement

Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA FR Exams › cash flow statement

  • This topic has 7 replies, 3 voices, and was last updated 8 years ago by MikeLittle.
Viewing 8 posts - 1 through 8 (of 8 total)
  • Author
    Posts
  • January 25, 2017 at 4:56 pm #369560
    xiiaolih
    Member
    • Topics: 65
    • Replies: 42
    • ☆☆

    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?
    thanks

    January 25, 2017 at 8:21 pm #369572
    MikeLittle
    Keymaster
    • Topics: 27
    • Replies: 23303
    • ☆☆☆☆☆

    May 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 #369577
    natty2
    Participant
    • Topics: 39
    • Replies: 56
    • ☆☆

    Hi mike, I am seeking assistance

    For Investor’s ratio

    dividend yield dividend per share
    ______________________ x100
    current market value of share

    dividend cover earnings per share
    ______________________ x 100
    dividend per share

    price earnings current market value of the share
    __________________________
    earning per share

    earnings yield earnings per share
    _________________________ x100
    current market value of the share

    earning per share

    On a cash flow question .how would this be calculated
    don’t understand the calculation that well

    January 26, 2017 at 8:12 am #369632
    MikeLittle
    Keymaster
    • Topics: 27
    • Replies: 23303
    • ☆☆☆☆☆

    This 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 #370367
    xiiaolih
    Member
    • Topics: 65
    • Replies: 42
    • ☆☆

    There is nothing TNCA under finance lease
    There is only mentions that
    2002 2003
    current liabilities
    finance lease 3 5
    interest payable 2 3

    non-current liabilities
    finance lease 42 50

    additional 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 unlikely

    Purchase of 10,000 should be included in financing activities add or minus?

    January 31, 2017 at 2:09 pm #370369
    MikeLittle
    Keymaster
    • Topics: 27
    • Replies: 23303
    • ☆☆☆☆☆

    If 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 #370374
    xiiaolih
    Member
    • Topics: 65
    • Replies: 42
    • ☆☆

    The name of the question is golden dragon
    I think it cannot be found in internet maybe too old alrdy

    January 31, 2017 at 3:31 pm #370381
    MikeLittle
    Keymaster
    • Topics: 27
    • Replies: 23303
    • ☆☆☆☆☆

    xiiaolih, 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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