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The following figures relate to company Omega for 2015 and 2016 20x0 20X1 24.Om 26.Om Revenue Receivables 6.4m 8.2m Cash in Bank 1.Om 1.2m What

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The following figures relate to company Omega for 2015 and 2016 20x0 20X1 24.Om 26.Om Revenue Receivables 6.4m 8.2m Cash in Bank 1.Om 1.2m What is the receivables collection period for 20X0 and 20X1? Select one alternative: O 15 days & 16 days 57 days & 53 days O 82 days & 101 days 97 days & 115 days 3 The selling price of Product Mis set at 250 for each unit and sales for next year are expected to be 500 units. A return of 30% on the investment of 150,000 in Product M will be require in next year. What is the target cost for each unit of Product M? (3 marks) Select one alternative: 90 O 100 160 175 Reset Maximum marks: 3 5 Which of the following describe difficulties in assessing performance in not-for-profit organisations? 1. Benefits and costs are not always easy to quantify 2. These organisations often have multiple stakeholders and therefore multiple objectives 3. These organisations often have unlimited funds and are therefore not motivated to measure performance (3 marks) Select one alternative: 1 only 0 1 and 2 O 2 only 2 and 3 Reset 7 Emma is producing a list of relevant cash flows regarding a decision she has to make to launch a new type of memory stick Emma manages many existing products and has a commitment with a technology magazine for advertising space entitling her to advertise each month. The contract covers the next 12 months and the contract has just been signed. Emma is going to use the magazine to advertise her exciting new memory stick. What is the cost of the advertising space best described as ? (3 marks) Select one alternative: O Sunk cost O Historic cost Relevant cost Committed cost Reset Maximum marks: 3 9 The following information is relevant to Magnum Co: Receivable days 56 days Inventory turnover | 10 times Payable days 45 days Days per year 360 Magnum Co. implements an inventory holding policy that reduces inventory days by 6. What is the new length of the working capital cycle? (3 mar Select one alternative: 0 143 days 53 days 041 days 0 131 days

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