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
CIMA Forums
CIMA F1 IAS 7 Investing activities lecture
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
thanks, as usual.... you're the best!
I try my hardest, and thanks for being so kind. Hope the studying has been going well this week.
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