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Dec 2013 Q1 b

Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA FM Exams › Dec 2013 Q1 b

  • This topic has 1 reply, 2 voices, and was last updated 7 years ago by John Moffat.
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  • November 27, 2015 at 10:48 am #285676
    yushanshan
    Member
    • Topics: 84
    • Replies: 70
    • ☆☆

    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 ?

    November 27, 2015 at 1:42 pm #285698
    John Moffat
    Keymaster
    • Topics: 57
    • Replies: 51551
    • ☆☆☆☆☆

    “Timed” is simply referring to which time period the flow occurs – time 0 or time 1 etc..

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