# Cash & Treasury Assessment 1 - Task 1

aldo1812
Posts:

**6**Registered
Hi All,

I'm wondering if someone can provide the working for calculating the purchase of non current asset in Cash and Treasury Management Assessment 1 Task 1?

Many thanks in advance!

Al

I'm wondering if someone can provide the working for calculating the purchase of non current asset in Cash and Treasury Management Assessment 1 Task 1?

Many thanks in advance!

Al

## Comments

2Registered@mehreen_capricorn@hotmail.com

3Registered11RegisteredThe carrying value of an asset = original cost - accumulated depreciation

So here the carrying value of the asset is £72,000

Original cost - 25% depreciation = £72,000

So work backwards - 72,000 / 0.75 = £96000

£72,000 includes the depreciation, but depreciation is not cash so you need to find the original cost which (as above) is £96,000.

I think that's right! Hope that helps.

Thanks

9Registered93MAATLooking at the 2016 was is the extra bit about corporation tax about and operating loss - looks like extra info to slow you down.