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Hi,
Can anyone advise me whats the best way to approach a cash flow question. i.e dec 13 q1.
I understand that if i memories/understand the template and making that my starting point, however i just feel so lost with how to tackle the questions.
Any ideas ? that can help
Thanks
SamHi Sam,
I feel the same about this question – its easy enough to go over the layout and practice examples but when I come to doing the exam question I don’t feel I know how tackle the question to the standard in the answer.
I would first try and remember the layout and know where each adjustments made have to go ( what section). work through the P&L you will see profit fr the year put that in first and dep, gains/losses etc, then go to notes and make further adjustment, once adjustment is made go to the cashflow and put the changes in, otherwise its easy to forget.
I don’t think cashflow will come up this year
Just remember the layout and start with it, Write down the whole layout with leaving 4 to 5 blank lines in Investing and Financing activities, Once you’re done with layout. Start from top and work back Operating profit and then do cash flow for the year at end. Once you know what that figure is going to be, then work through adjustments by going through B/s.
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