AN EVALUATION OF ACCOUNTS RECEIVABLE MANAGEMENT BY MANUFACTURING FIRMS IN NAKURU MUNICIPALITY
RESEARCH PROJECT SUBMITTED IN PARTIAL FULFILLMENT OF THE REQUIREMENT FOR THE AWARD OF THE DEGREE IN BACHELOR OF COMMERCE (ACCOUNTING OPTION)
SCHOOL OF BUSINESS
1. How is inventory turnover calculated?
Inventory Turnover = Cost of Goods Sold/Average Inventory
2. Explain how inventory turnover affects the amount of cash that must be invested in inventory.
"The inventory turnover ratio measures the efficiency of inventory management. It reflects how ma...
Controls for Outflows
November 12, 2012
Controls for Outflows
Small, midsized, and large businesses need effective controls to ensure that the business has the lowest risk rate possible. The lower the risk, the less likely that fraud would occur. In this analysis, Learning Team B w...
There are several controls in accounts receivable. A thorough audit should be daily comparing the checklist and the system records in customers’ accounts. This is to ensure the payment received is applied to the right customer. A second control is to check if customers’...
Running Head: ACCOUNTS RECEIVABLE MANAGEMENT
Accounts Receivable Management
In Health Care Organizations
Accounts Receivable Management in Health Care Organizations
To increase profit in health care organizations, most companies usually allow the services to be don...
Accounts receivable also known as Debtors, is money owed to a business by its clients (customers) and shown on its Balance Sheet as an asset. It is one of a series of accounting transactions dealing with the billing of a customer for goods and serv...
Identify different types of long-term operational assets.
Determine the cost of long-term operational assets.
Explain how different depreciation methods affect financial statements.
Determine how gains and losses on disposals of long-term operational assets affect...
Goals of Receivable Management
The basic goal of credit management is to maximize the value of the firm by achieving a trade off between the liquidity (risk and profitability). The purpose of credit management is not to maximize sales, nor to minimize the risk of bad debt. If the objective were to...
Review of Related Literature and Related Studies
Accounts receivable describes the amount of cash, goods, or services owed to a business by a client or customer. The manner, in which the collection of outstanding bills is handled, especially in a small...
How could I help Gold Partners Capital Holdings Group developing new account receivable collection business in Hong Kong
Working in NEC as a Senior Account Manager, I played an important role in a team ensuring the fulfillment of Sales Target in three half-year quarter. The followings are one o...
Course Project – Case 32
The purpose of this analysis is to assist the Quick Stab Collection Agency (QSCA) in determining if the amount or size of a bill collection is directly related to the number of days the bill is late. In order to support the validity of this re...
It was a day in early spring. The poet sardines in a grove. It was then that he heard some sweet music. It was a happy blending of a large many musical notes like the song of birds, the whispering of the breeze, the rustling of leaves and the murmur of the streams etc. the poet’s mind was at rest....
In HERO written, 25 technical questions/ 15 aptitude/ 10 english questions were there in 30 mins….
In order to crack the written, my advice would be to first try 15 apti quests…which were very easy..
Out of 25 , I remember around 15-16 questions…….agar yeh bhi kar liye ….
There is no...
UNIVERSITY OF THE WEST INDIES CAVE HILL CAMPUS DEPARTMENT OF MANAGEMENT STUDIES FACULTY OF SOCIAL SCIENCES ACCT1002 – INTRODUCTION TO FINANCIAL ACCOUNTING
Course Syllabus and Outline Semester I 2012 - 2013 Course Rationale: The
Written Communications Exercise 5.4
Well, I started my Intro to Psych class this week. I think I’m really going to like it. My instructor, Miss Smith, seems cool. From the course description, I’m interested in all of the topics we will be studying. I’m excited! So far there is a...
21.The following cash flows should be treated as incremental flows when deciding whether to go ahead with an electric car project except ______. (Points: 5)
the consequent reduction in sales of the company's existing gasoline models ( i.e.: incidental effects)
interest payment on debt
the value o...
What do you mean by capital structure? Explain its features and determinants.
capital structure refers to the way a corporation finances its assets through some combination of equity, debt, or hybrid securities. A firm's capital structure is then the composition or 'structure' of its liabilities. F...
Accounting in Merchandising Companies
Cost of goods available for sale, cost of goods sold (COGS), gross margin, inventory; selling and administrative expenses; multi-step income statement and single-step income statement.
1. Definition of inventory
We have talked about businesses that provide s...