Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA AFM Exams › Kodiak Co. Dec 09
- This topic has 6 replies, 2 voices, and was last updated 10 years ago by John Moffat.
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- November 12, 2013 at 8:28 am #145567
In kaplan’s answer to this question, ‘annual investment in non current assets’ is not subtarcted in calculating FCF to equity? While in the examiner artical on this topic, incremental FCapital investment is subtracted before calculating MV to equity.
And conceptually it should be as this money no longer belongs to equity or debt holders.I’ll be grateful for your response!
November 12, 2013 at 5:19 pm #145696Its just typing.
They have then subtracted the annual investment, and done the remaining calculations on the final figure.
November 13, 2013 at 1:05 pm #145813Oh ok they have just typed it wrong
November 13, 2013 at 5:12 pm #145855🙂
November 14, 2013 at 9:13 am #145947am i right?
November 14, 2013 at 10:46 am #145965Sorry – the smiley was because yes, you are right!
November 14, 2013 at 10:46 am #145966Sorry – the smiley was because yes, you are right!
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