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Cash flow sum

This topic has 3 replies, 2 voices, and was last updated 14 years ago by John Moffat.

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May 14, 2011 at 12:40 pm #46312
vedavyas
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This is a doubt from Q18 page 19, aswer 18 page 106 & 107 of the BPP revision kit.
Last heading on page 107, Disucssion: Last line of the paragraph, how did they arrive at the figure 9.5million ?
May 21, 2011 at 1:23 pm #71854
John Moffat
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The closing balance is 11.5M but their overdraft limit is only 2M
May 26, 2011 at 6:06 am #71855
vedavyas
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Ohh okay okay . . . . Makes sense, now that I read my doubts I’m kind of embarassed at how silly most of them are, really sorry for all the trouble Sir. You’ve been very kind.
May 29, 2011 at 4:11 pm #71856
John Moffat
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No problem.
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