User Account

All Pages

Make statement showing working capital requirements

Assignment Help Accounting Basics
Reference no: EM132584369

The cost sheet of Sarvesh Led. Provides the following data:

Amount per unit (Rs.)

Raw materials 100

Direct labour 40

Overheads 80

Selling price 240

The following is the additional information:

Level of activity 1,04,000 units p.a.

Raw materials in stock average 4 weeks

Work-in-progress average 2 weeks

Finished goods in stock average 3 weeks

Credit allowed by suppliers 1month

Credit allowed to customers 3 weeks

Lag in payment of wages 2 weeks

Minimum cash balance of Rs. 20,000 is to be maintained. Production is carried on evenly throughout the year. A safety margin of 10% will be maintained.

Question 1: You are required to a statement showing working capital requirements of Sarvesh Ltd.

Reference no: EM132584369

Questions Cloud

Show any adjusting journal entries required at june : Show any adjusting journal entries required at June 30, 2017. (If no entry is required, select "No Entry" for the account titles and enter 0 for the amounts.)
Aspects of management : You have volunteered to organize a fundraiser for your child's school sports team to purchase new uniforms. For your event to be successful
Budgeting for service volumes in healthcare organization : Review the commonly used approaches to budgeting for service volumes in a healthcare organization. Select any three of these and describe them.
Explain the purpose of the pareto efficient frontier : Explain the purpose of the Pareto Efficient Frontier when the process of creating and claiming values in integrative negotiations.
Make statement showing working capital requirements : Make statement showing working capital requirements of Sarvesh Ltd. Raw materials in stock average 4 weeks. Work-in-progress average 2 weeks
Apply the function plot to the formula : Apply the function plot to the formula that relates the response "frequency" to the explanatory variable "monetary" in order to produce the scatter plot
Explain what is meant by the use of subgroups : Explain what is meant by the use of subgroups when evaluating and selecting alternatives for integrative negotiations.
Find out initial cash outflows : Find out Initial cash outflows, Annual operating cash flows, Terminal cash flows and NPV And advise whether machine should be replaced or not
How much is the mortgage of the equipment : Furthermore, part of their agreement is to bring their initial capital in conformity with their profit and loss ratio. How much is the mortgage of the equipment

Reviews

Write a Review

Accounting Basics Questions & Answers

  How much control does fed have over this longer real rate

Hubbard argues that the Fed can control the Fed funds rate, but the interest rate that is important for the economy is a longer-term real rate of interest.   How much control does the Fed have over this longer real rate?

  Coures:- fundamental accounting principles

Coures:- Fundamental Accounting Principles: - Explain the goals and uses of special journals.

  Accounting problems

Accounting problems,  Draw a detailed timeline incorporating the dividends, calculate    the exact Payback Period  b)   the discounted Payback Period. the IRR,  the NPV, the Profitability Index.

  Theory of interest - term structure of interest rates

Term Structure of Interest Rates

  Write a report on internal controls

Write a report on Internal Controls

  Prepare the bank reconciliation for company

Prepare the bank reconciliation for company.

  Cost-benefit analysis

Create a cost-benefit analysis to evaluate the project

  Theory of interest

Theory of Interest: NPV, IRR, Nominal and Real, Amortization, Sinking Fund, TWRR, DWRR

  Liquidity and profitability

Distinguish between liquidity and profitability.

  What is the expected risk premium on the portfolio

Your Corp, Inc. has a corporate tax rate of 35%. Please calculate their after tax cost of debt expressed as a percentage. Your Corp, Inc. has several outstanding bond issues all of which require semiannual interest payments.

  Simple interest and compound interest

Simple Interest, Compound interest, discount rate, force of interest, AV, PV

  Capm and venture capital

CAPM and Venture Capital

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +1-415-670-9521

Phone: +1-415-670-9521

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd