Sanchera

This topic has 4 replies, 2 voices, and was last updated 6 years ago by Stephen Widberg.

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May 27, 2020 at 11:18 am #571951
toushiga
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Sir,for PYQ Sep/Dec 2016 Q4 part (b)

for the notes to the statement of cash flows

1.why the take out a new loan of $55m and paid off of total $3m capital element of lease liabilities will be classified under non-cash changes?(not it will increase &decrease the cash flow respectively)?

Thank you.
May 27, 2020 at 3:56 pm #571978
Stephen Widberg
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I need to look at this question in an exam kit – are you using BPP or Kaplan? – please give question number and I’ll come back to you.
May 28, 2020 at 9:21 am #572018
toushiga
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I’m just using the past year paper
May 28, 2020 at 10:15 am #572035
toushiga
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If referring to the bpp revision kits (June 2019), the answer will be in pg359
May 28, 2020 at 4:56 pm #572129
Stephen Widberg
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Sorry – can’t help on this one – they took it out of the 2020 kit – but, if it’s one of those long 35 mark cash flows, I recommend that you don’t spend time on it.

Most marks now in Q1 are for explanation and calculation marks are given largely for approach
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