DFS Dec 2009

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mariamcd020
mariamcd020 Registered Posts: 36 Regular contributor ⭐
in AAT Level 4 (Level 8 in Scotland)
task 1.7 I cant get to the net cash figure shown of 7422 please help!!!xxx

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  • exam panic
    exam panic Registered Posts: 157 Dedicated contributor 🦉
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    look at task 1.6

    from task 1.6 you will work it out
  • mariamcd020
    mariamcd020 Registered Posts: 36 Regular contributor ⭐
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    thank you!

    I am slowly going crazy!x
  • Steve Collings
    Steve Collings Registered Posts: 997 Epic contributor 🐘
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    The statement of cash flows question is usually split into 2 requirements. The first task is to reconcile operating profit to net cash flow from operating activities. The second task is to do the actual statement, so you bring the final figure you calculate in the first task as the opening figure in the second task:

    Net cash flow from operating activities (from the first task) - then
    Investing Activities - then
    Financing Activities.

    Regards
    Steve
  • Andypandy
    Andypandy Registered Posts: 526 Epic contributor 🐘
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    How much are you out by?
  • mariamcd020
    mariamcd020 Registered Posts: 36 Regular contributor ⭐
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    i got it!

    I am doing random questions from various papers and forgot about the 2 part! Its an all nighter for me I think and look forward to a well deserved sleep at 2 tomorrow afternoon! x

    good luck 1 x

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