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toobasco co. S/D 18- treatment of exchange losses

Former userFormer user4y ago

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stephenwidbergstephenwidbergTutor4y ago#1
The XD in this question are on a foreign subsidiary - so would not have been reflected in P&L. They are an OCI item.
TTuan2y ago#2
i have some more questions about the problems (toobasco co sep 2018): 1. The following detail included in the contents of problem: "During the year to 31 August 20X8, Toobasco made exceptional contributions to the pensionmplan assets of $33 million but the statement of cash flows" Why in adjustment of net cash generated from operating activities for errors in the statement, why there is no deduction for contribution to pension assets plan? 2. Why the profit from associate of $4m was deducted to calculate initial cash generated from operating activites in problem, but $4m is still deducted to calculate the net cash generated from operating activities for errors in the statement? 3. Why income taxes paid of $21m is not deducted to calculate the net cash generated from operating activities for errors in the statement?
stephenwidbergstephenwidbergTutor2y ago#3
IN FUTURE PLEASE PUT EACH QUESTION IN A SEPARATE POST WITH AN APPROPRIATE TITLE - THIS POST DOES NOT RELATE TO EXCHANGE LOSSES. :) 1. 33 already adjusted in draft cash flow in question. 2. I do not understand your question. 3. 21 already adjusted in draft cash flow in question.
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