Question
QUESTION 1 [25 MARKS] Calculate the operating cycle for Fishrot Pty Ltd for 2019 on the basis of the following information: (10) N$ Inventory :raw
QUESTION 1 [25 MARKS]
- Calculate the operating cycle for Fishrot Pty Ltd for 2019 on the basis of the following information: (10)
|
| N$ |
| Inventory :raw materials | 150,000 |
| Inventory : work in progress | 60,000 |
| Inventory :Finished goods | 200,000 |
| Purchases | 500,000 |
| Trade accounts receivable | 230,000 |
| Trade accounts payable | 120,000 |
| Sales | 900,000 |
| Cost of goods sold | 750,000 |
- Identify and clearly discuss any five (5) ways which might be taken to improve the operating cycle of Fishrot. Please make specific reference to Fishrot Pty Ltd. Dont just provide plain answers. (15)
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Operational Guidelines For Postmortem Examinations And Auditing
Authors: O.P. Murty, O.P Murty
1st Edition
8123924437, 978-8123924434
