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CIMA F1 IAS 7 Investing activities lecture

PPPilar Perona9y ago
Hi In this lecture (IAS 7 Investing activities) ... In example 5… why the sale of PPE is (250)? and not 250? I don´t understand why the figure is negative, when is an inflow I don't understand why is negative, as it's said here Investing activities proceeds from sale PPE X purchase PPE (X) dividends received X Thanks
P2-D2P2-D2Tutor9y ago#1
Hi, Good spot, yes it is a slight mistake. It should not be in brackets and it should also say proceeds from sale of PPE too. I'll redecorate the video once I get some spare time. Hope it's nice and sunny in Spain. Thanks
PPPilar Perona9y ago#2
thanks, as usual.... you're the best!
P2-D2P2-D2Tutor9y ago#3
I try my hardest, and thanks for being so kind. Hope the studying has been going well this week.
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