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Explain the term- Trade receivable days (turnover)
[Yearend trade receivables/Credit sales (or turnover)] x 365days
It is the average length of time taken by customers to pay.
A long average collection means poor credit control and henceforth cash flow problems may occur. Normal stated credit period is 30 days for most industries.
Changes in the ratio may be because of improving or worsening credit control. Major new customer pays slow orfast. Change in credit terms or early settlement discounts are offered to customers for early payment of invoices.
Medium-term notes are debt instruments that can be offered continuously to an investor. An agency of the issuer offers these; and these are avai
Eurocurrency A currency on deposit outside its country of source. Such deposits are well known as external currencies, international currencies or xenocurrencies.
What does the “weight” refer to in the weighted average cost of capital? The weight considered to in weighted average cost of capital consider the portion of the total capital in
Q. What is Alternative Minimum Tax? Alternative Minimum Tax (AMT) - Tax imposed to back up the regular income tax imposed onCORPORATION and individuals to guarantee that taxpay
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how to do such an assignment?
discuss the applicability of the operational cycle in vegetable growing business in uganda
dividend decisions has an influence on the share value and subsequently the overall company value.
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