Skip to content
Sign inRegister

Ask the Tutor ACCA FM

Dec 2013 Q1 b

SShanna10y ago
Dear sir, I have trouble understanding the solution mentioned in Q1 b " Second, the working capital cash flows are timed differently to the sales income...so their inflation effects are timed differently to the related inflation effects in the discount rate" . What does TIMED mean ?
John MoffatJohn MoffatTutor10y ago#1
"Timed" is simply referring to which time period the flow occurs - time 0 or time 1 etc..
Sign into reply to this topic.