Already have an account? Get multiple benefits of using own account!
Login in your account..!
Remember me
Don't have an account? Create your account in less than a minutes,
Forgot password? how can I recover my password now!
Enter right registered email to receive password!
While we are looking for sources funds it is other than natural to start searching from home. What do we have? During examining the requirement for working capital we could also make an assessment like to whether the existing working capital is adequate or not. Hence, the first internal source is any surplus working capital that we may be having.
If we have any non-current assets that do not have any utilize they could be disposed off, thereby generating additional working capital. Please notice that it is not a regular and continuing source of funds.
We have seen previous that every profitable sale brings along with it funds in excess of what was expended upon the goods sold. Conversely, profits generated through the business contribute in the directions of additional working capital. However you may also notice that whenever we measure profits, we competition the revenue against all expenses concerning to the revenue, whether this involves use of funds in the current period or not. Hence the profits measured do not reflect the real amount of funds available so as to assess the actual funds generated from current operations we should add back to the profits: all those items of expenses not including utilize of funds during the current period. One main example of that an item is depreciation.
Hence we could summaries the important possible sources of funds, given below as:
1. Funds generated by operations. It is, profit plus depreciation and other amortizations.
2. Sale of non-current assets
3. Any surplus working capital. Did you guess properly?
Cost accounting as a descriptive or analytical discipline
Timbatown Pty Ltd is a manufacturer of timber tables and chairs. The company mostly sells on a retail basis to household consumers, but occasionally receives large orders for table
The Cutting Department of the Rock Island Custom Cabinetry Corporation (a process costing production) had no work in process at the beginning of the period, 12,000 units were compl
A manufacturing company that produces a single product has provided the following data concerning its most recent month of operations: selling price $140 units in begining in
When implementing ABC, once a company has identified business activities and their costs, the company will probably: A) determine a simplified single cost allocation rate B)
Planned Actual Production 92,000 units 87,000 units
tHE FIRST SECTION ASSIGEMTN ANSWER FOR HAMPSHIR COMPANY DECISIONS
The book of Deven Verma could not be tallied. The account transferred the difference of Rs. 1.270 in the suspense account on the debit side. the following mistakes were found later
Candler Inc a computer software development firm has stock outstanding as follows: 40,000 shares of $2 nonparticipating, noncumulative preferred stock of $10 par, and 250,000 share
Describe Operating Costing The Chartered Institute of Management Accountants, London defines "operating cost" as "the cost of providing a service." Services performed may be in
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!
whatsapp: +1-415-670-9521
Phone: +1-415-670-9521
Email: [email protected]
All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd