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question 1a explain the law of one price and discuss its limitation in explaining exchange ratesb according to you what factors determine exchange
question 1a describe clearly the main theories of interest rate determinationb critically assess the relationship between interest rate and money
question 1a highlight the main theories of the level and term structure of interest ratesb to what extent they can be used to explain the level and
question 1a faced with fierce international competition mauritius should protect its domestic industries to survive in such an environment discussb
question 1a what do you meant by equilibrium national income and to what extent is economic growth beneficial to an economyb explain using both
question 1assuming that you are appointed as a consultant to assess the tertiary education sector in mauritius in order to do a due
question 1a analyse the impact of boom and bust in the economy on business activitiesb what measures can policy makers use to promote economic
question 1a as a small island economy mauritius had to face a number of constraints in order to transform itself from mono-cop economy into a
if current ratio for a company is equal to its acid test that is quick ratio thena the current ratio must be less than oneb working capital is
a companys current assets are less than its current liabilities company issues new shares at full market pricewhat will be the effect of this
q calculate drs quick ratiodr has the following balances under current assets and current liabilitiescurrent assetscurrent
an entitys working capital financing policy is to finance working capital using short-termfinancing to fund all the fluctuating current assets as
q conservative policy for financing working capitala conservative policy for financing working capital is one where short-term finance is usedto
q calculate ads working capital cyclead a manufacturing entity has the following balances at 30 april 2005extract from financial statements
inventory turnover is the reciprocal of inventory dayscost of salesaverage inventoryx number of timesthis shows how quickly inventory is being sold
average inventorycost of sales 365 daysaverage inventory can be arrived by taking this years and last years inventory values and dividing by 2-
q what are trade receivable daysyear-end trade receivablescredit sales or turnover 365 daysthis is average length of time taken by customers to pay
q what do you meant by trade payable daysyear-end trade payablescredit purchases or cost of salesx 365 daysthis is the length of time taken to pay
q show the quick ratio or acid testquick ratio current assets less inventoriescurrent liabilities timesthis ratio measures immediate solvency of a
current ratio ca or working capital ratioca current assetscurrent liabilities timescurrent ratio measures the short term solvency or liquidity it
q explain working capital ratiosratios are a way of comparing financial values and quantities to improve our understanding in particular they are
q show example on aggressive working capital policywith an aggressive working capital policy a company would hold minimal levels of inventories in
all the non-current assets and part of permanent assets financed by long term remaining permanent assets all temporary fluctuating assets by short
q explain moderate working capital policyall the non-current assets and permanent asset are financed by long-term finance the temporary fluctuating
q conservative policy - working capital policyall the non-current assetspermanent assets and some of the temporary current assets are financed