Dear John,
In part 1 b (ii) of the question I am unclear as to how the current liabilities have changed (decreased by 2.1m in proposal 1 and increased by 7m in proposal 2)
Would be grateful if you could clarify.
Many thanks
Kamran
Ask the Tutor ACCA AFM
Morada Sep/Dec 16 Question 1
7y ago#1The question says that for the first directors proposal 'the book value of the current liabilities will reduce by 10%', and for the second directors proposal it says 'current liabilities are estimated to increase to $28 million'.
Ah I see, I re-read the question carefully and all clear.
Many thanks John
7y ago#3You are welcome :-)
Sign in to reply to this topic.