Gross Working Capital vs Net working Capital Working capital of a company is one of the most important measures in any financial statement that is also easy to calculate. It is a reflection of the current financial condition of a company that enables investors to know about the health (financial) of a company. However‚ there are two terms called gross working capital and net working capital that are also used commonly. People remain confused between these two as they cannot differentiate between
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INTRODUCTION VinaClean is one of the leading companies in the field of battery recycling‚ areas where little-known in Vietnam. They just started this year in Hanoi with the goal is minimize environmental damage from disposing of household batteries in landfills. VinaClean was founded by Ms. Suzi Tran and its project is received generous donations from many concerned citizens. She believes that her mission is making operations so efficient that VinaClean can be self-funding after the third years
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sales for each of the six months ending 30th June‚ 20x0 Solution: Note: High demand cannot be satisfied with a just in time stock management system. Therefore‚ over calculation for expected sales will be based on medium and low demand. SALES WORKING (£) Cash Receipt February = 19000 X 0.1 = 1900 Credit sales ½ X (19900 – 1900) = ½ X 17910=8955 Credit M = 2.5% X 8955 = 2239 = 224 Discount credit receipt in March = 8955- 224= 8731 Cash receipt March = 23900 x 0.1 = 2390 Credit sales ½ x (23900-
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Accountancy Age: 40 years old Gender: Female Race: Chinese Nationality: Singaporean Work experience: 21 years Past occupation: Accountant/ General Accounts Manager Current occupation: Assistant Finance Manager Brief Background Jane is currently working as an Assistant Finance Manager with Ng Lee & Associates and has been there for almost 2 years. Being the mother of two children‚ Jane placed a huge emphasis on being able to spend quality time with her family. Thus‚ the major factors which influenced
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The eclectic paradigm is a theory in economics and is also known as the OLI-Model or OLI-Framework.[1][2] It is a further development of the theory of internalization and published by John H. Dunning in 1980.[3] The theory of internalization itself is based on the transaction cost theory.[3] This theory says that transactions are made within an institution if the transaction costs on the free market are higher than the internal costs. This process is called internalization.[3] For Dunning‚ not
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it. iii. A body floats in a liquid contained in a beaker. The whole system falls under gravity. What is the upthrust on the body due to liquid? ~ When a container filled with a liquid falls freely under the influence of gravity‚ the following condition arises. Upthrust=mg-ma Since the process is influenced by gravity‚ ma = mg So‚ upthrust=0N Hence‚ it is conclusively proved that the upthrust on the body is zero. iv. Why do bigger air bubbles rise faster than the smaller ones in boiling
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Unemployed and working hard Unemployed and working hard. Well that is quite a sentence isn’t it? That gets the gears rolling. How it is that one can be unemployed and working hard? In this essay I have read a lot of new interesting facts about homeless that myself I would have never assumed to be true. I read of a boy the author Simon Wykoff whose own father was homeless for many years and mainly whom the essay is written about‚ Wykoff often stayed on the streets with his father. Wykoff speaks
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Efficient working capital management is an integral component of the overall corporate strategy to create shareholder value. Working capital is the result of the time lag between the expenditure for the purchase of raw materials and the collection for the sale of the finished product. The continuing flow of cash from suppliers to inventory to accounts receivable and back into cash is usually referred to as the cash conversion cycle. The way in which working capital is managed can have a significant
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MANAGEMENT OF WORKING CAPITAL 1. Meaning and Types of Finance: Finance - Finance is the Art & Science of Managing Money - Finance is the Art of passing currency from hand to hand until it finally disappears Types & Sources of Finance ____________________________________________________________ ________ Long Term Sources of Finance - Finance required to meet Capital Expenditure - Also‚ known as Fixed Capital Finance Short Term Sources of Finance - Finance required to meet day-to-day
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chp-14.qxd 10/18/05 12:48 PM Page 145 CHAPTER 14 Working Capital Management I n the chapters on ‘Planning an SSI Unit’ and ‘ Business Plan’‚ a discussion was made on the fixed capital and the working capital. Every business needs investment to procure fixed assets‚ which remain in use for a longer period. Money invested in these assets is called ‘Long term Funds’ or ‘Fixed Capital’. Business also needs funds for short-term purposes to finance current operations. Investment
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