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Q. Credit control - account receivable management?
Once credit has been established it is important to review outstanding accounts on a regular basis so overdue accounts can be identified. This can be done for instance by an aged receivables analysis. It is as well important to ensure that administrative procedures are timely and robust for example sending out invoices and statements of account and communicating with customers by telephone or e-mail and maintaining account records.
Chain Index Numbers So far, we have constructed index numbers with a fixed base. Sometimes, comparison between the current/given year and the base year becomes meaningless once
Which type of financing is appropriate to each firm
You have recently won the UniSA "log tossing" competition. The prize of $200 is supposed to be used to buy a 50-year subscription to "Log News" This appears to represent a consid
Aims of FSA The aim of FSA is to promote efficient, orderly and fair markets, and to help retail consumers to get a fair deal. In fact, FSA has set out its aims under three bro
a) Describe five factors that should be taken into account by a businessman in making the choice between financing by short-term and long-term sources.
calculate payback period of each project and according to payback whice project should be accepted
Q. Display the position explicitly Example: I borrow 7800000 HKD at time t = t 0 at an interest rate r t0 . After one year I pay back 7800000(1 + rt o ). At
Q. What do you signify by Organisation of Finance Function? Describe the functions of Financial Manager. Ans. Organisation of Finance Function: - Organization of finance functi
(a) One could obtain a market arbitrage position as follows: buy Honeywell shares as well as sell General Electric shares. If the merger gets place the Honeywell shares will conve
Q. Define the Constructive Receipt? Constructive Receipt - A taxpayer is considered to have received income even though monies are not in hand, it may have been set aside or ot
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