Discuss Followings: (a) Discuss a total of four (4) factors that are relevant in determining how much cash a business should hold. (b) Discuss the correct interpretation of the operating cash cycle (OCC), whether businesses should try to increase or decrease the OCC, and why. (c) A supplier of electronic components is offering credit terms whereby buyers have a maximum period of 68 days in which to pay for purchases. However, if customers pay within 15 days they receive a 5% discount on the invoice amount. Calculate the exact interest rate implied by the credit terms.

answer both or none

Best Exports has noticed their current year net income is only $60,000. In order to get a loan from their bank to assist the business they will need to provide a statement of cash flows. In reviewing the statement of cash flows, you notice a large increase ($80,000) in accounts receivable due to two of your largest customers being behind in payments. Since the bank looks at the operating activities, this increase will create concern. You make a suggestion to reclassify the accounts receivables to long-term, thus removing them from current assets will increase the net cash from operations. Under what circumstances would this reclassification be considered ethical or unethical? Support your selection by finding an article which explains your choice.

As an assistant financial manager for Taring Jitu Sdn Bhd, you are required to measure the firm's cash conversion cycle, operating cycle, production cycle, collection cycle, and payment cycle on one of your manufacturing products. The Board of Director will rely on your result to help them to make a decision. Below is the necessary information for the most recent fiscal year prepared by your accountant and puts together into table: Cash sales RM 650,000 Credit sales RM 970,000 Total sales RM 1, 620,000 Cost of goods soldRM 1,010,000 Ending Balance Beginning Balance Accounts receivable RM 52,000 RM 48,000 Inventory RM22, 500 RM 18, 800 Accounts payable RM21,000 RM 17,100 By using above data, measure the cash conversion cycle.

During an accounting period, a business sells goods on credit for a total selling price of £3,000. At the start of the accounting period there are receivables of £400. At the end of the accounting period there are receivables of £500. What amount will appear in the cash flow statement as cash inflow from sales? a) £3,100 b) £3,500 c) £3,400 d) £2,900

prepare the statement of cash flow. Thank you. Hoping that it would not be blank

I am not exactly sure what this question is asking me to do. The attached image is the information that is given to me. Below are the questions that I need to solve. The answer to question A is 3,650. That was given to me in the problem.Unknown Amounts Requireda. Total cash received $3,650b. Total cash collected from credit customersc. Notes payable repaid during the periodd. Good and services received from suppliers on accounte. Net income, assuming that no dividends were paid

Using the three column cash book, show the closing balances for; a) Cash b) Bank c) Discount allowed d) Discount Received

Restaurants do a large volume of business by credit and debit cards. Suppose Cityside Collection restaurant had these transactions on January 28, 2024: (Click the icon to view the transactions.) Requirements 1. Suppose Cityside Collection's processor charges a 3% fee and deposits sales net of the fee. Journalize these sales transactions for the restaurant. Suppose Cityside Collection's processor charges a 3% fee and deposits sales using the gross method. Journalize these sales transactions for the restaurant. 2. Data table 4 National Express credit card sales ValueCard debit card sales $ 11,900 11,000 X со

For each of the following transactions, indicate whether operating (O), investing (I), or financingactivities (F) are affected and whether the effect is a cash inflow ( + ) or outflow ( - ), or (NE) if thetransaction has no effect on cash.1. Received deposits from customers for products to be delivered the following period.2. Principal repayments on loan.3. Paid cash to purchase new equipment.4. Received proceeds from loan.5. Collected payments on account from customers.6. Recorded and paid salaries and wages to employees.7. Paid cash for building construction.8. Recorded and paid interest to debt holders.