Question Tag: Cash Balance

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SCS – May 2020 – L3 – Q2 – Financial Management

Conduct a financial appraisal of Customer Focused Ltd, including key ratio calculations and commentary.

Customer Focused Ltd has updated its management accounts (Exhibit 1) to produce a
forecast for the year 2020 and these have indicated some significant problems. The business
owners are unsure what to do next.
Required:
You are acting as an advisor to the company and they ask you to:

Prepare a financial appraisal of Customer Focused Ltd to identify the problems faced by the company by calculating and commenting on key ratios that you consider important for the company. You should specifically include in your appraisal an analysis of sales growth, operating margins, working capital (in terms of inventory, receivables, and payable days), and changes in cash balances over the years that the company has been operating.

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FA – May 2021 – L1 – SA – Q7 – Bank Reconciliation

Determine cash received based on bank transactions.

The bank balance in the books of Super on 1 April 2018 was ₦5,000,000 overdraft. The entity made a total payment of ₦13,116,300, the balance at 31 March 2019 was ₦8,145,600. How much cash was received by the entity during the year ended 31 March 2019?
A. ₦9,970,700
B. ₦16,261,900
C. ₦18,116,300
D. ₦21,261,900
E. ₦26,261,900

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SCS – May 2020 – L3 – Q2 – Financial Management

Conduct a financial appraisal of Customer Focused Ltd, including key ratio calculations and commentary.

Customer Focused Ltd has updated its management accounts (Exhibit 1) to produce a
forecast for the year 2020 and these have indicated some significant problems. The business
owners are unsure what to do next.
Required:
You are acting as an advisor to the company and they ask you to:

Prepare a financial appraisal of Customer Focused Ltd to identify the problems faced by the company by calculating and commenting on key ratios that you consider important for the company. You should specifically include in your appraisal an analysis of sales growth, operating margins, working capital (in terms of inventory, receivables, and payable days), and changes in cash balances over the years that the company has been operating.

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FA – May 2021 – L1 – SA – Q7 – Bank Reconciliation

Determine cash received based on bank transactions.

The bank balance in the books of Super on 1 April 2018 was ₦5,000,000 overdraft. The entity made a total payment of ₦13,116,300, the balance at 31 March 2019 was ₦8,145,600. How much cash was received by the entity during the year ended 31 March 2019?
A. ₦9,970,700
B. ₦16,261,900
C. ₦18,116,300
D. ₦21,261,900
E. ₦26,261,900

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