Did the question by myself and got most of it right, but still came back to see your approach. I've definitely found a huge benefit by looking at how you tackle problems. Could you please make a couple of videos on how to do the study/questions for F8 Thanks a ton for the videos mate
For Closing Trade Receivables in part Aiii - why do we take away inflows from November and December instead of adding them in as a part of closing balance
I GOT THE QUESTION 100% RIGHT BUT IN THE OVERDRAFT PART, I INCLUDED THE INCREASE IN INVENTORY OF $52250 BUT IN THE ACTUAL SOLUTION, IT WAS IGNORED WHILE CALCULATING OVERDRAFT. PLEASE EXPLAIN THIS PART.
Just watched the whole playlist for 5 hours, thank you sir.
good luck this week!
@@SteveWillisACCA thanks sir!
Did the question by myself and got most of it right, but still came back to see your approach. I've definitely found a huge benefit by looking at how you tackle problems.
Could you please make a couple of videos on how to do the study/questions for F8
Thanks a ton for the videos mate
My pleasure! F8 is not my domain, but I will see what I can do.
can u please also explain WHY u are doing a certain adjustment. Guve some concept of why we do that.
Thanks, it was very helpful
You're welcome!
For Closing Trade Receivables in part Aiii - why do we take away inflows from November and December instead of adding them in as a part of closing balance
Inflows of customer cash are a reduction of receivables.
Thank you
You're welcome 😁
Thank you so much it was really helpful...!
Glad it helped :)
Please why did you use 40% on November. thought the question says 60% monthly. Those that mean 60% already been paid in the same month???
hi, it says 60% pay in 30 days, and the rest 'take an additional month.' This mean in January, 40% from Nov. get collected. Make sense?
@@SteveWillisACCA Hi, wouldn't the 40% inflow be accounted for in Jan rather than Nov.
please help out with AFM exam questions please sinc everything is cbe
Absolutely! I'll do some AFM shortly.
@@SteveWillisACCA thanks !
Hi
Where is the practice platform you mentioned??
hi! It's in, "ACCA Student Resources" if you google "ACCA FM Practice Platform" you'll quickly find that link.
I GOT THE QUESTION 100% RIGHT BUT IN THE OVERDRAFT PART, I INCLUDED THE INCREASE IN INVENTORY OF $52250 BUT IN THE ACTUAL SOLUTION, IT WAS IGNORED WHILE CALCULATING OVERDRAFT. PLEASE EXPLAIN THIS PART.
Hi, If I understand your question, we are only looking at the cash flows when we calculate the OD, so I am looking at Payments to Suppliers.
Thank you !!!
My pleasure!
Thank you
You're welcome