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Stephen Widberg.
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osamasyed123
- Topics: 50
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Hi Sir
In question Toobasco of Bpp kit they have added the loss on effect of chnages in foreign exchange rates
In operating activities of $28M
Why have they added it ?
Shouldnt it be deducted in investing activities ?
Stephen Widberg
- Topics: 10
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The XD are NOT A CASH FLOW.
So they should not have been included in the CFS at all.
So the exam solution is correcting the error by adding them back.
osamasyed123
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