- This topic has 1 reply, 2 voices, and was last updated 1 year ago by
John Moffat.
John Moffat.Viewing 2 posts - 1 through 2 (of 2 total)
-
Posts
-
Anonymous
- Topics: 40
- Replies: 42
- ☆☆
Cash flows ($000)
Shall these cash flows be in format xx,xxx or xx,xxx.xx in excel.
As in some questions cash flow value comes in points so shall i convert it or not?
John Moffat
- Topics: 57
- Replies: 49621
- ☆☆☆☆☆
Firstly there is no need to use the comma, but it is fine if you do.
Secondly, if the figures are given in ‘000’s then best is to show them in excel to the nearest thousand. If a calculation introduces decimal points then using the rounding button to put it to the nearest thousand.
I illustrate all of this in my free lecture working through a CBE question. You can find it linked from Revision Kit Live on the main Paper FM page.
John MoffatViewing 2 posts - 1 through 2 (of 2 total)
- You must be logged in to reply to this topic.