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Computation of Working Capital Required 1. Operating Cycle Period = M+W+F+D-C = 101.38 +2
Quick ratio Meaning: this ratio establishes a relationship among quick assets and current liabilities Objective: the objective of commuting this ratio is to calculate th
The least-cost method The process is described as follows: Assign as much as possible to the variable with the least unit cost in the whole tableau. (Ties are broken randomly).
Advantage of relevant cost
Choose the relationship which best predicts the dependent variable After exploring a diversity of relationships, you should select the one that can best be employed in predicti
Which of the following costs is an example of a cost that remains the same in total as the number of units produced changes?
Case Study Labor standards Geeta & Company has experienced increased production costs. The primary area of concern identified by management is direct labor. The compa
Given budgeted figures and actual, then analyses each fixed cost into its components
Types of games Four basic ways in which competitive situations (or games) can be classified are: (a) Number of Competitors: In game theory a competitor is characteriz
After going through this section, you must be capable to: Know the concept and characteristics of working capital; Identify with the difference among net working capital
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