CIMA Related Exams
F1 Exam
An entity has a working capital cycle of 120 days which has been calculated in part from the following data:

What is the stock holding period on the basis of 365 days in a year?
Give your answer to the nearest whole day.
At 31 December 20X4 the directors of MNO decide to revalue its property. Before revaluation adjustments the balances relating to property are as follows:

The property has been revalued at $1,600,000.
How much will be included within MNO's statement of financial position at 31 December 20X4 for revaluation surplus?
Below are extracts from LLL's financial statements for the year ended 31 December 20X2.


Depreciation of $25,000 was charged on properly, plant and equipment in the year and there were no disposals
What is the cash generated from operations for inclusion in LLL's statement of cash flows for the year ended 31 December 20X2?