What is med ltd cash conversion cycle

Assignment Help Financial Accounting
Reference no: EM132944545

The MED Ltd has an inventory conversion period of 72 days, a receivables collection period of 40 days and a payable referral period of 30 days

Problem 1: What is MED Ltd's cash conversion cycle?

Problem 2: If MED Ltd's annual sales are Tshs 450 Million and all sales are on credit what is the firm's investment in account receivables?

Problem 3: How many times per year does MED Ltd turn over its inventory?

Problem 4: Of what use would the above information be to the finance managers of the firm in different industries?

Reference no: EM132944545

Questions Cloud

How would treat for taxation purposes : If Mrs A worked at a jewellery store and her employer gave her a sales bonus of a diamond ring valued at $10,000, How would treat for taxation purposes
What is stereotyping : What is Stereotyping? Explain any situation where you have faced stereotypes. Also explain how did you handle them?
How do identify the main account or groups of accounts : How do Identify the main account or groups of accounts that could be impacted and give reasons. The ASX company Bijou Electronics have reported sales problems
What is decision making : What is Decision Making? Explain the benefits of decision making.
What is med ltd cash conversion cycle : The MED Ltd has an inventory conversion period of 72 days, a receivables collection period of 40 days, what is the firm's investment in account receivables?
Role for gst in a post-covid 19 era : Critically discuss and support your opinion whether there is a role for GST in a post-Covid 19 era or to remain with SST 2.0 in the Malaysia tax system landscap
How is monopoly abuse prevented : Given a natural monopoly, how is monopoly abuse prevented?
Discuss at least one threat associated with vmi : Discuss at least one threat and disadvantage associated with VMI and the related controls. Many companies have adopted vendor-managed inventory
Seven concepts of tqm : Explain how important are the seven concepts of TQM to be implemented in any business to enhance its quality?

Reviews

Write a Review

Financial Accounting Questions & Answers

  Financial statement analysis and preparation

Financial Statement Analysis and Preparation

  Shareholder of a company

Describe the ways that a person can become a shareholder of a company. Why Wal-Mart would split its stock?

  Financial and accounting principles

An understanding of financial and accounting principles can be a valuable tool for managers. While not all managers will find themselves calculating financial ratios or preparing annual financial data.

  Prepare a statement of cash flow using the direct method

Prepare a Statement of Cash Flow using the Direct Method and Prepare the Operations section of the Statement of Cash Flow using the Indirect Method.

  Financial accounting assignment

This assignment has one case study and two question apart from case study. Questions related to document Liquidation question and Company financial statements question - Torquay Limited

  Prepare general journal entries for goela

Prepare general journal entries for Goela Ltd

  Principles of financial accounting

Prepare the journal entry to record the acquisition of the assets.

  Prepare general journal entries to record the transactions

Prepare general journal entries to record the transactions, assuming use of the periodic inventory system

  Global reporting initiative

Compare the view espoused by the economist Milton Friedman about the social responsibilities of business with the views express by Stigler.

  Explain the iasb conceptual frameworks

Explain the IASB Conceptual Framework's perspective of users and their decisions.

  Determine the company''s financial statements

T he focus of the report is to determine the extent to which you are comfortable relying on the financial statements as presented by management .

  Computation of free cash flow

Computation of Free Cash Flow

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!

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