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q explain working capital ratiosratios are a way of comparing financial values and quantities to improve our understanding in particular they are
q show example on aggressive working capital policywith an aggressive working capital policy a company would hold minimal levels of inventories in
all the non-current assets and part of permanent assets financed by long term remaining permanent assets all temporary fluctuating assets by short
q explain moderate working capital policyall the non-current assets and permanent asset are financed by long-term finance the temporary fluctuating
q conservative policy - working capital policyall the non-current assetspermanent assets and some of the temporary current assets are financed
differences in working capital for different industries manufacturing retailserviceinventorieshigh volume of wipand finished goodsgoods for
q what is over-capitalisationover-capitalisation this is the opposite of over trading it means a company has a large volume of inventories cash
remedies for overtradingshort-term solutionsbull speeding up collection from customersbull slowing down payment to suppliersbull maintaining lower
q show the symptoms of overtradingsymptoms of overtradingbull fast sales growthbull increasing trade payablesbull increasing trade receivablesbull
q what do you meant by overtradingwhen a company is trading large volumes of sales very quickly it may also be generating large amounts of credit
working capital cycle in a manufacturing businessaverage time raw materials are in stock time taken to produce goods time taken by
dx had the following balances in its trial balance at 30 september 2006trial balance extract at 30 september 2006000
working capital cycle for a tradeinventories days time inventories areheld before being sold trade receivables days how long thecredit
q explain the working capital managementworking capital managementworking capital management is administration of current liabilities and
q describe the working capitalworking capital is the capital available for conducting day-to-day operations of the business and includes current
accountants should not reverse the adjustment of prepaid insurance to recognize insurance expense at the end of the accounting period becauseanswera
ivan is making several entries into the general journal at the restaurant where he serves as an accountant the main difference between entries for
telephone service costs the eggleston motor hotel 250 per week the business pays its phone service bill on the fifteenth day of each month but it
balance sheets peony ltd aster ltd
q what is material safety data sheet 1material safety data sheet is a formal document containing important information about the characteristics and
q what is the importance of investigation of incidents1incident investigation is the process of identifying the underlying causes of incidents and
q consigner for safe transportation of dangerous goodsit is the responsibility of the consigner to ensure the following1the goods carriage should
1 it is mandatory that every carrier transporting hazardous materials should display correctly the emergency information panel emergency information
1un number is a four digit number assigned to a potentially hazardous material such as gasoline or class of materials like corrosive liquids2 un
q briefly explain what is trem card1as per national and international regulations the drivers of vehicles carrying hazardous goods should have the