Chapter 14 Working Capital and Current Assets Management Solutions to Problems P14-1. LG 2: Cash Conversion Cycle Basic = Average age of inventories + Average collection period = 90 days + 60 days = 150 days (a) Operating cycle (OC) (b) Cash Conversion Cycle (CCC) = Operating cycle − Average payment period = 150 days − 30 days = 120 days = (total annual outlays ÷ 365 days) × CCC = [$30‚000‚000 ÷ 365] × 120 = $9‚863‚013.70 (d) Shortening either the average age of inventory or the average collection
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E1 People who have a special need disability means that they have a physical or mental impairment that has a long term effects on their ability to do the normal and same things as other people. There are a number of ‘models’ of disability which have been defined over the last few years. The two most frequently mentioned are the ‘social’ and the ‘medical’ models of disability. Medical Model of disability looks at disabled people as a problem. For example if a child couldn’t get into the setting
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Candidate Name…Shelley Daly…………………………. Reg. No.:…………. ………. Use this form to record details of activities (tick as appropriate) Observed by your assessor Oral questions Seen by an expert witness written questions Seen by witness Candidate statement Self reflective account Observation of work products CU311 1.1 1.2
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The Solution ZERO INVENTORIES: Typically industries that provide a service. • Advertising Agency: E o High receivable collection in days is indicative of advertising consulting firms i.e. projects are worked on and work is billed only after the work has been completed. In this case‚ ad campaigns are produced and run after which advertising firms then charge for services rendered. (CR) o A large portion of their liabilities is devoted to accounts payable simply due to pending payments to various
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CYPOP 14 1.1 Identify the different relationships children and young people may have. Parents Siblings Extended family Friends Healthcare providers (e.g doctor/dentist) Social workers Teachers Childminders Carers Neighbours 1.2 Explain the importance of positive relationships for development and wellbeing. Positive relationships with children and young people are important because if the child feels comfortable around the carer they can separate more easily from their parents
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Reaves I pledge… 9/5/14 Pow #1 A Sticky Gum Problem This POW didn’t have a specific problem but it does have a few specific problems with gumballs. Question 1: Mrs. Hernandez comes across a gumball machine one day when she was out with her twins. Of course‚ the twins each wanted a gumball. They also insist on having the same color. They don’t care what color the gumballs are‚ as long as they’re both the same. Ms. Hernandez can see that there are only white and red gumballs in the machine. The
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Psychology 101: Introduction to Psychology Chapter 14: Practice Questions 1. ______ is the process by which we come to form an understanding of our social environment. A) Social psychology B) Social perception C) Self-fulfilling prophecy D) Stereotyping E) Impression formation 2. Regarding impression formation‚ which of the following statements is FALSE? A) People tend to form first impressions quickly. B) Our impressions of others are influenced by the amount of information they choose
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AR 103: Art Appreciation 12/2/13 Chapter 14-Nature‚ Knowledge‚ and Technology Goals and Objectives: To explore works of art which seek to imitate‚ admire‚ or judge the world around us. That world consists of animals and plants as well as human constructs: our knowledge systems our technology‚ and our cities. 1. What do we consider ideal in nature? 19.13‚ Little Bouquet in a Clay Jar‚ Jan Bruegel‚ 1599 In nature‚ bounteous displays and vivid colors are considered ideal‚ especially when it comes
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unit 14: 1.1 : A person-centred approach to providing care and support is as important for people who receive services (and their family or significant others) as it is to staff. The emphasis should always be on the person as an individual. In a person centred approach the unique qualities of the individual as determined by their life history and experiences‚ likes and dislikes‚ are their defining characteristics. People with dementia have the same rights as citizens. This includes the right
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Understand person-centred approaches in adult social care settings Unit 14 1.1 The main principle underlying any person-centred approach to care or support is that the individual plays a central role. Person-centred values are rights‚ individuality‚ respect‚ dignity‚ partnership‚ independence‚ privacy and choice. 1.2 For many decades the medical model of disability was the dominant influence on attitudes in society towards disability‚ but applying person-centred approach in all aspects of health
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