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 so much it was really helpful...!
Glad it helped :)
Thank you
You're welcome
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.
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.
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.
Thank you !!!
My pleasure!
please help out with AFM exam questions please sinc everything is cbe
Absolutely! I'll do some AFM shortly.
@@SteveWillisACCA thanks !
Thank you
You're welcome 😁