无码一区二区三区高清在线观-无码一区二区三区高清在线-无码一区二区三区电影-无码一区二区三区不卡av-无码一区二区三区不卡-无码一区二区三区va在线播放

萬能百科  > 財會類 ?  > 

The following financial information relates to HGR Co:Statement of financial pos

2021-04-25   

The following financial information relates to HGR Co:

Statement of financial position at the current date (extracts)

The finance director has completed a review of accounts receivable management and has proposed staff training and operating procedure improvements, which he believes will reduce accounts receivable days to the average sector value of 53 days. This reduction would take six months to achieve from the current date, with an equal reduction in each month. He has also proposed changes to inventory management methods, which he hopes will reduce inventory days by two days per month each month over a three-month period from the current date. He does not expect any change in the current level of accounts payable.

HGR Co has an overdraft limit of $4,000,000. Overdraft interest is payable at an annual rate of 6·17% per year, with payments being made each month based on the opening balance at the start of that month. Credit sales for the year to the current date were $49,275,000 and cost of sales was $37,230,000. These levels of credit sales and cost of sales are expected to be maintained in the coming year. Assume that there are 365 working days in each year.

Required:

(a) Discuss the working capital financing strategy of HGR Co. (7 marks)

(b) For HGR Co, calculate:

(i) the bank balance in three months’ time if no action is taken; and

(ii) the bank balance in three months’ time if the finance director’s proposals are implemented.

Comment on the forecast cash flow position of HGR Co and recommend a suitable course of action.

(10 marks)

(c) Discuss how risks arising from granting credit to foreign customers can be managed and reduced.

(8 marks)

正確答案:

(a)Whenconsideringthefinancingofworkingcapital,itisusefultopidecurrentassetsintofluctuatingcurrentassetsandpermanentcurrentassets.Fluctuatingcurrentassetsrepresentchangesinthelevelofcurrentassetsduetotheunpredictabilityofbusinessactivity.Permanentcurren

詞條內容僅供參考,如果您需要解決具體問題
(尤其在法律、醫學等領域),建議您咨詢相關領域專業人士。

標簽

主站蜘蛛池模板: 黄网站色成年片在线观看 | 欧美大b| 中文字幕一区二区高清在线 | 国精产品一品二品国精品69XX | 天天看片97涩 | 无码h黄肉动漫在线观看网站 | 国产精品成人一区二区三区 | 韩国理仑片色情在线观电影 | 亚洲中文字幕在线第六区 | 国产又猛又粗又爽的视频A片 | 久久久久亚洲v成人无码电影 | 久久久九九精品欧美一区二区 | 无码一区二区三区在线精品无码 | 国产成人高潮拍拍拍18毛片 | 囯精品人妻无码一区二区三区99 | 99精品国产综合久久久久五月天 | 丁香五月综合缴情月 | 就去色网站| 亚洲男人的天堂在线aⅴ视频 | 麻豆精品新区乱码卡 | 国产成人精品无码a区在线观看 | 国产按摩无码在线观看 | 国产剧情yw193com | 精品精品国产高清a级毛片 精品精品国产高清a毛片 | 亚洲国产成人精品无码区在线秒播 | 男女做爰猛烈啪啪吃奶真人免费 | 国产v亚洲v天堂宗合 | 日韩激情综合一区二区在线 | 国产乱子伦视频大全国产91麻豆免 | 亚洲欧美日韩精品一区在线观看 | 亚洲日韩高清无码 | 亚洲欧洲校园自拍都市 | www国产无套内射com | 国产白丝无码视频在线观看 | 久久精品AV无码一区二区小说 | 91网站在线免费观看 | 日本亚洲欧洲免费无码 | 法国精品无码 | 国产v日韩v欧洲v精品 | 亚洲一卡2卡三卡4卡 网站入口 | 日本精品人妻无码202477 |