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If sales are 1,000 and current assets are 200.
When sales become 1,500, the current assets jumped to 350 how much are permanent and how much are fluctuating current assets?
How do i calculate it? answer is 300 permanent and 50 fluctuating.
Pls helpAre you sure you have copied out the entire question word for word? If you have, then it is an impossible question (and does not really make much sense anyway).
It is from the BPP Revision Kit, or from an ACCA past exam, then let me know which question and I can check the wording myself.
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