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: 美女伊人网 | 日本高清在线中字视频 | 精品无码人妻一区二区三区品 | 国产乱人对白A片麻豆 | 粉嫩小泬丝袜无套内射久久久 | 国产人妻无码区免费九色 | 欧美三级不卡在线观看视频 | 国产又色又爽又黄刺激在线视频 | 亚洲无码在线播放 | 成人a毛片高清视频 | 精品日韩免费播放器在线观看 | 人妻少妇中文字幕久久√一 | 亚洲一区二区免费视频 | 欧美日韩福利视频一区二区三区 | 欧美日韩黄色网站在线免费 | 欧美一区二区三区精品影视 | 亚洲欧美日韩另类精品一区二区三区 | 一级视频免费观看 | 精华国产精华精华液网站 | 黑丝丝教师爆乳翘臀上课 | 欧美日韩免费一区中文字幕 | 2024国产成人久久精品 | 国产午夜精品美女裸身视频69 | 国产女同性黄网在线观看 | 国产亚洲欧美在在线人成 | 亚洲欧美日韩精品一区 | 成人精品久久 | 久久久久免费视频 | 狠狠色丁香婷婷综合激情 | 一区二区三区国产精品保安 | 成人精品视频在线 | 国产传煤欧美日韩成人动漫视频绯纹α | 人妻精品一区二区免费 | AV国产在线精品国自产在线 | 国产精品中文字幕亚洲欧美 | aaa级久久久精品无码片 | 91成人爽a毛片一区二区动漫 | 欧美激情aⅴ一区二区三区 欧美激情A片久久久久久 | 50岁熟妇大白屁股真爽 | 狠狠色丁香婷婷综合欧美 | 日韩aⅴ亚洲欧美一区二区三区 |