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Good afternoon Mr Moffat,
I was working on a question in BPP revision kit Q 42 CJ Co (12/10 amended) there was an incremental working capital due to inflation which was subtracted every year and I expected it to be added back in the final year but their answer did not show that.
Why
Because the question actually says to ignore any working capital recovery (in the second paragraph under ‘other information’.
Good evening Mr Moffat, please are we allowed to approximate to $000 in our main answers as well as in the workings in the exam?
Thank you
Faith
In Section B, yes (but write that it is in ‘000’s).
In Section A, it will be obvious from the choices available as to whether it is in ‘000’s.
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