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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.
Global Equity Indexes: As described earlier in this chapter, there are several stock market indexes available which depict the performance of particular sectors and a country a
#questionoperating cycle in vegetable growing business in uganda..
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how can I state contract cost from the screech.
For holders of CARDS, the interest is paid monthly and the principal is not amortized. The principal payments made by credit card borrowers are
help me withh the calculation concept of the point where the firm is indifferent
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Emerging market bonds are the bonds offered by less developed countries. The government normally issues them. These exclude borrowings from gove
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