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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?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.
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