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2 years ago

What are the two major components of a working capital management strategy

Business

1 answer:

Sliva [168]2 years ago

6 0

Answer:

The two major components of Working Capital are Current Assets and Current Liabilities. One of the major aspects of an effective working capital management is to have regular analysis of the company's currents assets and liabilities.

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PLS HELP!!!!! THANK U<br> Sample Work: Writing an Informative Essay: Prewriting BATTLING ADVERSITY

mart [117]

Dude above me imported a good file answer his

8 0

3 years ago

Read 2 more answers

A goal taking which of these lengths of time to achieve is most likely to be a long-term goal? A. 10 minutes B. 10 hours C. 10 y

Dmitry_Shevchenko [17]

Answer: C. 10 years

Explanation: A long-term goal will take many years. An example is saving up enough money to buy a house. This will take many years to achieve the goal.

6 0

4 years ago

When an organization has employees of different backgrounds and skill sets, it has greater and will be better than monocultural

creativ13 [48]

N.B: I don't understand your question fully and neither can i find the complete question anywhere on the internet so im going to answer this sentence and hope it helps you.

Answer:

True

Explanation:

When a company has employees from different backgrounds and with different skills set, it helps the company come up with a lot of innovations that cuts across different cultures, thereby expanding their own range of services and/or goods. Also it helps in problem solving as each employee can come to the table with various ways of solving a problem.

This situation can be called diversity of thoughts.

Cheers.

7 0

3 years ago

Faldo Corp sells on terms that allow customers 45 days to pay for merchandise. Its sales last year were $425,000, and its year-e

antoniya [11.8K]

Answer:

Faldo Corp

Customers are paying late by 6.5 days (51.5 - 45)

Explanation:

DSO = Accounts Receivable/Sales last year * 365 days

= $60,000/$425,000 * 365

= 51.5 days

Customers are paying late by 6.5 days (51.5 - 45)

b) Faldo Corp's Days Sales Outstanding (DSO) is an estimate of the number of days it takes Faldo to collect its outstanding accounts receivable. This means that DSO measures how long it takes Faldo's customers to pay an invoice. Faldo can calculate its DSO by dividing the total accounts receivables of last year by the total credit sales of last year. This is then multiplied by 365 days.

3 0

2 years ago

A process cost summary for a production department accounts for all costs assigned to that department during the period plus cos

tigry1 [53]

Explanation:

The process cost shows the summary of the activities related to the production. It includes the cost of goods completed & transferred units and the ending work in process inventory.

So, the given statement is true

The indirect cost are come under the manufacturing overhead cost. So, it would be charged to overhead control account

Thus, the given statement is false.

The direct labor includes that labor which is directly related to the production process of a product. So the single production department is likely to be a direct labor

Thus, the given statement is true.

To record the allocation of overhead, the following journal entry is required

Work in Process Inventory, Baking Dept A/c Dr $24,500

To Factory overhead A/c $24,500

(Being the overhead allocation is recorded)

The computation is shown below:

= Direct labor cost × allocation rate

= $10,000 × 245%

= $24,500

Thus, the given statement is true.

7 0

3 years ago