Cash & Treasury Assessment 1  Task 1
aldo1812
Registered Posts: 6
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
0
Comments

Hi all, is it possible for anyone to send me the 2 online practice assessments of cash and treasury management AQ2016 as I am giving exam according to standard AQ2013,it will be a bit of more practice for me .
@[email protected].com0 
Hello, I am also stuck with the above question. Is anyone able to explain the answer for non current asset? Thanks0

Hi,
The 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
2 
easy to calculate like 72 x 1.25 (which 25 is the depreciation charge) = 960

I have taken cash management 2013 and passed on third go.
Looking at the 2016 was is the extra bit about corporation tax about and operating loss  looks like extra info to slow you down.0