Already have an account? Get multiple benefits of using own account!
Login in your account..!
Remember me
Don't have an account? Create your account in less than a minutes,
Forgot password? how can I recover my password now!
Enter right registered email to receive password!
DX had the following balances in its trial balance at 30 September 2006:
Trial balance extract at 30 September 2006
$000 $000
Revenue 2,400
Cost of sales 1,400
Inventories 360
Trade receivables 290
Trade payables 190
Cash and cash equivalents 95
Calculate the length of DX's working capital cycle at 30 September 2006.
Solution:
Inventories days
(Inventories / cost of sales) x 365 days
(360 / 1,400) x 365 days
93.9 days
Trade receivable days
(Trade receivables / credit sales) x 365 days
(290 / 2,400) x 365 days
44.1 days
Trade payable days
(Trade payables / cost of sales) x 365 days
(190 / 1,400) x 365 days
49.5 days
Working capital cycle
93.9 + 44.1 -49.5
88.5 days
The table below shows the summary of Balance of Payments in New Zealand. Note: Net values are given as credits + debits with correct signs in the balance of payment table.
Topic AASB 116 Property, Plant and Equipment allows entities to choose between the cost model and revaluation model for measuring and accounting for non-current assets subseq
Question Your portfolio has a beta of 1.18. The portfolio consists of 15% U.S. Treasury bills, 30% in stock A, and 55% in stock B. Stock A has a risk-level equivalent to that o
analysis of bond rate parity among india and usa of last 10-15 years
Below is information about the spot and forward rates for three currencies against the US dollar (USD): (a) Critically discuss the interest rate parity and covered interest
Four European vanilla Call options ()iC· on an underlier with no interim cash flows, have identical maturity T. Their strike prices iK are such that 1234KKKK A trader buys ()1CK an
Working capital cycle measures the time between paying for goods supplied to you and final receipt of cash to you from their sale. It is desirable to keep this cycle as short as po
Q. Show the Symptoms of overtrading? Symptoms of overtrading • Fast sales growth. • Increasing trade payables. • Increasing trade receivables. • Fall in cash bal
Question 1: (a) Highlight the main theories of the level and term structure of interest rates. (b) To what extent they can be used to explain the level and structure of inte
Question : A proprietary life company issues only non-profit guaranteed growth bonds. The company invests only in equities with an expected return of 10% p.a, the risk free rat
Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!
whatsapp: +1-415-670-9521
Phone: +1-415-670-9521
Email: [email protected]
All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd