Hi Sir,
Sir how do we calculate the additional capital for year 1. Iam unable to get the answer but for years 2-4 i was able to find using the differnec in sales and multiplying into 0.30
Please can you help me out.
Thanks in advance
Ask the Tutor ACCA AFM
Milma Co (June 13)
The revenue in 2013 was 389.1 (from the question).
So the additional capital at time 1 is (418.3 - 389.1) x 0.3 = 8.8
Sign in to reply to this topic.
