• Skip to primary navigation
  • Skip to main content
  • Skip to primary sidebar
Free ACCA & CIMA online courses from OpenTuition

Free ACCA & CIMA online courses from OpenTuition

Free Notes, Lectures, Tests and Forums for ACCA and CIMA exams

  • ACCA
  • CIMA
  • FIA
  • OBU
  • Books
  • Forums
  • Ask AI
  • Search
  • Register
  • Login
  • ACCA Forums
  • Ask ACCA Tutor
  • FIA Forums
  • CIMA Forums
  • OBU Forums
  • Qualified Members forum
  • Buy/Sell Books
  • All Forums
  • Latest Topics

September 2025 ACCA Exam results

Post comments & Instant poll

20% off ACCA & CIMA Books

OpenTuition recommends the new interactive BPP books for December 2025 exams.
Get your discount code >>

overdraft level

Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA FM Exams › overdraft level

  • This topic has 1 reply, 2 voices, and was last updated 4 years ago by John Moffat.
Viewing 2 posts - 1 through 2 (of 2 total)
  • Author
    Posts
  • September 4, 2021 at 8:31 pm #634351
    alia99
    Member
    • Topics: 7
    • Replies: 2
    • ☆

    hi
    how is overdraft level calculated?

    inventory +trade receivables – trade payables – net working capital???

    i saw this in the answer of JUNE 2013 QUESTION 3

    is this a fixed formula or it was per the question. otherwise how can i usually calculate overdraft level

    please help
    thank you 🙂

    September 5, 2021 at 10:19 am #634410
    John Moffat
    Keymaster
    • Topics: 57
    • Replies: 54761
    • ☆☆☆☆☆

    That part of the question is really testing knowledge from Paper FA (was F3) rather than Paper FM 🙂

    You can see from the question that the net working capital is the current assets minus the current liabilities (this is always the case as per standard financial accounting).

    Given that the question says that the net working capital is to remain the same (so will stay at 300.8), it is a case of calculating the new figures for inventory, receivables, and payables and then the overdraft will then be the missing figure.

    This is not a question of learning some special formula for Paper FM.

  • Author
    Posts
Viewing 2 posts - 1 through 2 (of 2 total)
  • You must be logged in to reply to this topic.
Log In

Primary Sidebar

Donate
If you have benefited from our materials, please donate

ACCA News:

ACCA My Exam Performance for non-variant

Applied Skills exams is available NOW

ACCA Options:  “Read the Mind of the Marker” articles

Subscribe to ACCA’s Student Accountant Direct

ACCA CBE 2025 Exams

How was your exam, and what was the exam result?

BT CBE exam was.. | MA CBE exam was..
FA CBE exam was.. | LW CBE exam was..

Donate

If you have benefited from OpenTuition please donate.

PQ Magazine

Latest Comments

  • hellokitty7 on FA Chapter 4 Questions Accruals and Prepayments
  • barbaraseweryn on Presentation of Financial Statements (IFRS18) – ACCA Strategic Business Reporting (SBR) lectures
  • zurapirveli@gmail.com on Basic group structures – Impairment – ACCA (SBR) lectures
  • Sid24012003 on MA Chapter 5 Questions Ordering and Accounting for Inventory
  • John Moffat on FM Chapter 8 Questions – Relevant cash flows for DCF

Copyright © 2025 · Support · Contact · Advertising · OpenLicense · About · Sitemap · Comments · Log in