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June 28, 2020 at 6:22 pm
Might be silly, but what are the steps to re-arrange the equation? (08:57) Thank you
June 29, 2020 at 6:14 am
I’ve got it 🙂
November 2, 2017 at 10:52 pm
Thank for your great lecture.
I have some promblem that I hope you could help me clear:
1. in your note, Working capital = current asset – current liability.
in real life, when I make financial analysis to make a business plan of specific item ( for example: coffee goods business ) for purpose of bank short-term loans.. I have some information relatings to coffee business: Revenue, cost of sale, relatived expensive, and profit. I need to find out the firm’s capital needs and capital turnover, so I did as following:
– determine working capital demands for coffee business = current asset – current liability (information on SOFP)
– determine capital turnover = 365 days / cash operating cycle
capital turnover = 365 days / ( inventory days + receivable days – payable days )
I didn’t know whether my above calculation is correct . If I were wrong, Could you please help me clear
I appreaciate your help and hope to receive your reply soon
Thanks and best regards
January 31, 2017 at 11:05 am
It is greater opportunity available for CIMA students to clarify the unclear areas of their leanings.As well as the tutors are highly capable to give the best,Thank you opentuition.com lectures and the technical team for their exceptional working towards for the betterment of students like us,keep up the good works and i wish you all the very best for your future success.Thank you again opentuition.com and all team member of opentuition.
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