pev - dec 2005 task 2.2 b

iss072

the recalculated net assests are 3542 - can any breakdown this figure for me please

thanks in advance

SandyHood

Look at the revised net profit and add it to the original capital employed, then make the other adjustments spelt out in the question

iss072

thanks - i will have another go now....

iss072

I get now work it out by adding the additional profit on and deducting the sale of land from the original net assest fig
but still can't get my fixed assets, debtors, cash ,creditors to balance to this figure taking into consideration the changes -

SandyHood

Fixed Assets 2,765
Debtorsxxx.xxx850
Cashxxxxxxx.xx527

Creditors xxxxx(600)
Net Assetsxxxx3,542

iss072

Thank you...