PQ Awards Nominations

Please help us to win one of the PQ Magazine awards and send in the voting form >>
You can nominate us in any or all of the following categories: Online College of the Year, Study Resource of the Year, Private Sector Lecturer of the Year, and Accountancy Personality of the Year.

Specially for OpenTuition students: 20% off BPP Books for ACCA & CIMA exams – Get your BPP Discount Code >>

Conejo -Q1 – sep/dec 17

This topic has 2 replies, 2 voices, and was last updated 1 year ago by John Moffat.

Viewing 3 posts - 1 through 3 (of 3 total)

Author
Posts
March 2, 2021 at 10:31 am #612596
Afmq
Member
- Topics: 3
- Replies: 6
Hi John, I wonder what’s causing the change in current assets under both the proposal 2
Seems like I am missing something very obvious as nobody asked this question from all the previous question I saw on this.
March 2, 2021 at 10:32 am #612597
Afmq
Member
- Topics: 3
- Replies: 6
Proposal 2 *
March 2, 2021 at 3:29 pm #612701
John Moffat
Keymaster
- Topics: 56
- Replies: 51583
The answer assumes that the addition interest of 40.44 is paid in cash, and also that the $1,320 debt raised is all invested in non-current assets generating returns at 12%.
So the new current assets are 530 – 40.44 + (12% x 1,320) = $647.96
Author
Posts

Viewing 3 posts - 1 through 3 (of 3 total)

You must be logged in to reply to this topic.