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Wrong figure in CIMA_F1_notes (2)

Forums › Ask CIMA Tutor Forums › Ask CIMA F1 Tutor Forums › Wrong figure in CIMA_F1_notes (2)

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  • August 24, 2016 at 8:31 am #334871
    alexbay1982
    Member
    • Topics: 2
    • Replies: 0
    • ☆

    I think there is a mistake in the answer 3_Indirect Method (p.127): if receivables goes up, then it is cash outflow, not inflow. So “400” figure should be in brackets.

    Could you please clarify?

    August 24, 2016 at 3:39 pm #334915
    P2-D2
    Keymaster
    • Topics: 4
    • Replies: 7141
    • ☆☆☆☆☆

    Hi,

    you’re definitely on the ball! Thanks again for spotting the typo, we’ll get it updated along with the other one you spotted. You’ll be glad to know again that the calculations on the recorded lecture are correct.

    Keep up the hard work.

    Thanks

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