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Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA AFM Exams › Sep/Dec 2016(Morada Co)
Hello…
I would once again thank u for your timely response…
I would like u to explain how do they calculated the current assets of both proposal 1 and 2 of the directors… (43702/57828).
Thanks
They are the balancing figures – the missing figures to make the statements add up!
We know the non-current assets, the equity, and the liabilities, and so the current assets must be the missing figure.
Thanks alot…
You are welcome 🙂