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: 欧美特级午夜一区二区三 | 国产精品美女WWW爽爽爽视频 | 2024久久综合色播五月男人的天堂 | 波多野结衣无码视频 | 日韩成人精品在线 | 国产亚洲一区二区三区不卡 | 国产熟妇无码一区二区三区H | 国产精品视频一区二区亚瑟品尚网 | 久久视频精品38线视频在线观看 | 福利一区二区三区视频在线 | 久久视频精品3线视频在线观看 | 色综合久久加勒比高清麻 | 蜜桃无码一区二区三区 | 2024国产男人亚洲欧美天堂 | 国产成人精品日本亚洲成熟 | 国产a∨天天免费观看美女18 | 大JI巴放进女人免费视频 | 免费无码又爽又刺激高潮 | 99久久精品国产亚洲麻豆 | 国产欧美精品亚洲一区二区 | 国产00粉嫩馒头一线天91 | 超碰av男人的天堂一区二区 | 久久精品影院一区二区三区 | 91精品人妻一区二区三区蜜桃 | 黑巨茎大战俄罗斯白人美女 | 粉嫩AV国产一区二区三区 | 亚洲日本中文 | 成人综合网亚洲伊人 | 国产精品久久欧美一区 | 精品国产涩涩污免费网站 | 国产无人区码一码二码三MBA | 国产精品好看的国产精品 | 中文字幕高清在线中文字幕 | 肥臀熟女一区二区三区 | 麻豆aⅴ精品无码一区二区 麻豆app2.24.15.15安卓版下载 | 日韩精品一区二区三区中文字幕 | 亚洲精品精华液一区 | 无码强姦精品一区二区三区黑人 | 亚洲A无码综合A国产AV中文 | 国产精品有码专区囯产精品久久精品 | 麻豆精品无码国产在线观看 |