Practice Questions – Working Capital Management Q.1. Spring Enterprises require 30‚000 units of input annually to sustain its production at the current level. The carrying cost is Rs 32 per unit while the ordering cost is Rs 5000 per order. The cost per unit of input is also Rs 32. Determine the EOQ for Spring Enterprises. What would be the firm’s policy of inventory acquisition if the firm’s suppliers offer quantity discount as follows: Order size (units) Discount (%) 3999
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Cheap Labour Markets Destruction of the Economy? In this text I would like to explain the worrying influence of cheap labour markets on foreign and national economy. Cheap labour markets like South-East Asia attract attention to companies‚ which have to sell their products at low prices in order to survive on the market. Therefore the concerns establish factories in these countries to save costs in the loan sector. In these countries unemployed people work for the lowest rent to gain money
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LANDS END GUARANTEED. PERIOD. One of the simplest of statements is the driving force behind one of the strongest companies in fashion merchandising. Land’s End‚ a company with an established market for clothing‚ luggage‚ and home products‚ has created an enduring business model built on quality customer service. The company affirms this stance by proclaiming its goal is “to please [their] customers with the highest levels of quality and service in the industry‚ along with an unequivocal ironclad
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Aldo Leopold’s Land Ethic Aldo Leopold is considered to be one of the greatest philosophers of environmental ethics of all time. Scientist‚ forester‚ environmentalist‚ and professor at the University of Wisconsin‚ Leopold has influenced and shaped today’s environmental ethics. He impacted many environmentalists with his environmental ethics and emphasized the importance of biodiversity and ecology. Leopold’s most praised work is “Land Ethic” in A Sand County Almanac that he wrote. In this essay
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Rainbow Land ‚ a colorful theme park are developed by our company. The idea of develop this Rainbow land is derived from Candy Crush Saga and Wreck-It Ralph. Nowadays‚ everyone crazy on Candy Crush Saga and we can see people around us are keep holding a cell phone to pass this games‚ no matter where they are and no matter how old they are. Candy Crush Saga is getting more and more famous around the world. Candy Crush Saga ‚ one of the famous games in Facebook and now the fact that Candy Crush
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USEFUL TIPS ON LABOUR LAWS Composed by P.B.S. KUMAR B.Sc‚ M.A.(PM)‚M.A.(Ind.Eco.)‚MBA(HR)‚BGL‚LLD‚PGDIRPM APPRENTICES ACT‚ 1961 CHECKLIST Object of the Act Promotion of new manpower at skills. Improvement/refinement of old skills through theoretical and practical training in number of trades and occupation Applicability of the Act Areas and industries as notified by the Central Government Sec. 1 Apprenticeship Advisor Central Apprenticeship Advisor – when appointed by Central
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Speaker’s notes Contours on the map are the brown lines drawn on a map connecting points of equal height above sea level. They are labelled with the height and with the topes of the figures uphill. A contour labelled 500 is 500m above sea level‚ and every place on that contour is precisely 500m above sea level. On a 1: 25‚ 000 map‚ they are usually 10m apart. If contours are very close together that means the hill is steep. However‚ is they are wide apart‚ it has a gentle gradient. When
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Strikes and lockouts: LRA 66 of 1995 | Right to strike and recourse to lockout | A strike or a lock out is prohibited when:1. a collective agreement prohibits it2. issue in dispute must be referred to arbitration or Labour Court3. issue in dispute is arbitration award‚ collective agreement or Minister award4. a determination in BCEA 75/97 regulates the dispute (only in first year) | Protected and unprotected strikes and lock outs | Substantive and procedural requirements set forthProcedural requirements
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are the criteria for a joint tenancy to exist? Land of Property Act (“LPA”) 1925 Section 36 states that there are four unities to be display. The unities are as follows: Unity of Possession - All parties must be entitled to possession of the whole land‚ and may not exclude each other as co-owners. Unity of Interest - The co-owners must each have the same interest in the land. Unity of Title - All co-owners must receive their interest in land under the same document. Unity of Time - Each co-owner’s
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Management of working capital has profitability and liquidity implications. That is why; working capital proposes a familiar front for profitability and short-term liquidity management. To reach optimal working capital management firm manager should control the trade off between profitability and short-term liquidity accurately. An optimal working capital management is expected to contribute positively to the creation of firm value. The crucial part in managing working capital is required maintaining
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