返回列表 发帖

CFO calculation

FRA question 18, of reading 27, study session 8 (page 294).
The solution requires ADDING back an increase in A/P to derive CFO.
Shouldn’t it be subtracted instead?

yes of course. thanks. finally losing my mind I guess.

TOP

A/P increases: you didn’t pay as much (cash) as you thought you did: CFO goes up.

TOP

返回列表