on the effects of working capital management as measured by cash conversion cycle and net trade cycle on the firm performance for a sample of Turkish listed companies and searches for potential differences between the profitability effects of working capital management for the SMEs and for the bigger companies with an accompanying aim to examine whether net trade cycle can efficiently substitute for cash conversion cycle as a measure of working capital management. The research is conducted for the
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Liquidity ratios Liquidity ratios measure the ability of a company to repay its short-term debts and meet unexpected cash needs. Current ratio. The current ratio is also called the working capital ratio, as working capital is the difference between current assets and current liabilities. This ratio measures the ability of a company to pay its current obligations using current assets. The current ratio is calculated by dividing current assets by current liabilities.
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6. Managing the security of information 6.1 Control over data integrity, privacy and security 6.1.1 Information Classification: is the conscious decision to assign a level of sensitivity to data as it is being created, amended, enhanced, stored, or transmitted. The classification of the data should then determine the extent to which the data needs to be controlled / secured and is also indicative of its value in terms of Business Assets. The classification of data and documents is essential
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| | Accounting Cycle Accounting cycle | Accounting cycle refers to the process of recording accounting transactions. 1. Analyze transactions to identify the debit and credit components 2. Record journal entries in the accounting journal 3. Transfer debit and credit amounts to each account in accounting ledger 4. Prepare adjusting journal entries 5. Prepare a trial balance 6. Prepare financial statements by transferring balances from the trial balance to appropriate financial statements
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(http://finance.yahoo.com). See attachments Excel File: Case#3 Spreadsheet Task 2 Obtain the competitors' ratios for comparison from Yahoo! Finance (http://finance.yahoo.com). See attachments Excel File: Case#3 Spreadsheet Task 3 Compute the cash conversion cycle for BP for each of the last three years. To obtain the Average Inventory I took the inventory of the current year and the inventory of the previous year and divided it by 2. I decided for this method to generate the latest numbers for further calculations
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Project Report - Working Capital Management WORKING CAPITAL - Meaning of Working Capital Capital required for a business can be classified under two main categories via, 1) Fixed Capital 2) Working Capital Every business needs funds for two purposes for its establishment and to carry out its day- to-day operations. Long terms funds are required to create production facilities through purchase of fixed assets such as p&m, land, building, furniture, etc. Investments in these
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68 times = 23104000 1424000 = 16.22 times 9) Account Receivable Turnover = ___Net Sales_____ Account receivable = 24088000 2704000 = 8.91 times = 23104000 2281000 = 10.13 times 10) Average Collection Period = _________365 days________ Account Receiveable Turnover = 365 8.91 = 40.97 days = 365 10.13 = 36.03 days 11) Inventory Age = ____365 days____ Inventory Turnover = 365
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Project Report - Working Capital Management WORKING CAPITAL - Meaning of Working Capital [pic][pic][pic][pic][pic]Capital required for a business can be classified under two main categories via, 1) Fixed Capital 2) Working Capital Every business needs funds for two purposes for its establishment and to carry out its day- to-day operations. Long terms funds are required to create production facilities through purchase of fixed assets such as p&m, land, building
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3258 SE PT E MB E R 26 , 200 8 R I CH A RD S. T E D L O W HEATHER BECKHAM Harrington Collection: Sizing Up the Active-Wear Market On January 22, 2008, financial results for Harrington Collection’s 2007 fiscal year were distributed to all senior executives. Harrington, a large manufacturer and retailer of high-end women’s apparel, had posted lackluster sales for the past three years and margins were now at an all time low. Sara Huey, Vice President of Strategic Planning, gathered her
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postulates that there is no positive relationship between quick ratio and profitability of Nigeria Breweries Plc. HO3: There is no significance relationship between trade receivables collection period and profitability of Nigeria Breweries Plc HA3: There is a significance relationship between trade receivables collection period and profitability of Nigeria Breweries Plc For hypothesis three, with reference to table 4.5 and using the t-statistic to test for the significance of the estimated coefficient
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