AFMOpentuition Dec 2013 notes Chaoter 16 Example 1
AAccakk12y ago
Dear Tutor,
Kindly explain how the Capital Employed at start of 2007 = 400, when Capital Employed at end of 2006 = 366.
I have been trying to find the missing link….
Thanks in advance.
AAccakk12y ago#1
Hello Dear Tutor,
Looked through another text, and found that the 400 was the sum of the Debt + Equity for the closing amount of the previous year, lol!
Thank you.
