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Opentuition Dec 2013 notes Chaoter 16 Example 1

Forums › ACCA Forums › ACCA AFM Advanced Financial Management Forums › Opentuition Dec 2013 notes Chaoter 16 Example 1

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  • November 20, 2013 at 8:56 am #146939
    accakk
    Member
    • Topics: 4
    • Replies: 16
    • ☆

    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.

    November 22, 2013 at 3:43 pm #147404
    accakk
    Member
    • Topics: 4
    • Replies: 16
    • ☆

    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.

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