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: 国产l精品国产亚洲区久久 国产l精品国产亚洲区在线 | 国产麻豆视频免费在线观看 | 精品无码国产AV一区二区三区 | 91麻豆福利| 精品国产一区二区三区免费看 | 少妇偷拍精品高潮少妇 | 99久久精品国语对白 | 国产产一区二区三区久久毛片国语 | 国产三级久久久久精品三级 | 国精产品三区四区有限公司 | 国产精品久久综合桃花网 | 久夜精品一区二区成人 | 2024天天久久躁日日躁狠狠躁 | 日本高清二三四本2024第九页 | 永久精品大片www. 91网站入口 | 成人精品视频99在线观看免费 | 欧美精品黑人粗大视频 | 日本妇人成熟免费中文字幕 | 亚洲精品久久久久久久久AV无码 | 岛国在线无码免费观 | 国产精品无码一区二区在线 | 久久精品国产日本波多野结衣 | 99久久精品自在自看国产 | 免费看成人www的网站软件 | 亚洲自偷自拍另类图区 | 国产日韩欧美另类 | 成人片AV| 精品国产男人的天堂久久 | 欧美一级视频精品观看 | 亚洲成眠在线观看毛卡片 | 亚洲欧美中文字幕高清在线 | 免费看片的黄色软件 | 国产成人无码一区二区三区在线 | 国产内久| 欧洲永久精品大片wwwwww | 国产精品无码无卡毛片不卡视 | 青草网在线观看 | 亚洲欧美国产一区二区三区 | 亚洲一区久欠无码A片 | 国产精品麻豆成人av网视频欧美韩国专区视频 | 国产女主播喷水视频在线观看 |