| 2011 | | TATA STEEL NAZ PARWEEN JAMSHEDPUR WOMENS COLLEGE (JWC) | [“ WORKING CAPITAL MANAGEMENT OF TATA STEEL” ] | IN PARTIAL FULLFILLMENT FOR THE COURSE OF “MASTER OF BUSINESS ADMINISTRATION” | WORKING CAPITAL ANALYSIS UNDER THE GUIDANCE OF Mr. INDRAJIT ROY HEAD‚ FINANCE AND ACCOUNTS (DECISION SUPPORT) TATA STEEL JAMSHEDPUR & Lecturer. Mrs Sonal
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credit.” Therefore‚ creditworthiness is an evaluation of credit risk of a prospective debtor‚ this can be an individual‚ a business or a government predicting its ability to pay back the debt and forecasting of the likelihood that the debtor will default. a.
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2413003937000 INTEGRATED CASE STUDY MAD4013 SEMESTER I (2014/2015) INDIVIDUAL ASSIGNMENT: REPORT OF CASE FLAT CARGO BERHAD: AN AUDITOR’S CONUNDRUM Submitted To: PROF. DATO’ DR. MUHAMAD MUDA (28 OCTOBER 2014) 206819523749000 NOR NURUL IZZA BINTI AINUDDIN 1110927 TMB5 INTRODUCTION Kencana & Associates served as Flat Kargo Berhad’s auditor‚ which is one of the largest air freight companies in Malaysia‚ servicing several government linked companies. In 2006‚ the auditors identified
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Group Written Assignment Question 1 First of all‚ the inherent risk is existed as the Master Mines Limited specializes in sulphur exploitation in a multi-location (five different locations)‚ different locations may have different internal control systems. It is hard to observe inventory taking carried out in more than one location. It may be impracticable for the auditor to visit all locations and the control for inventory movement will be more difficult. It requires more
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AFB assign calculation.the business is have trouble with funding growth‚ and debtor keep increasing for that 3 years period and a business has a relatively poor rate of return on asset.The current and quick ratio was decreased in 2012 to 5‚02 times and 2‚66 time but the business still be able to pay its debt‚ there is a problem with account receivable because the business still difficult to collect the money from debtor which caused the percentage still increasing and it hard for business to freeing
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Following are the extracts from the Trial Balance of a firm as on 31st March 20X7 Dr Sundry Debtors Provision for Doubtful Debts Provision for Discount on Debtors Bad Debts Discount Additional Information: 1) Additional Bad Debts required Rs.4‚000 2) Additional Discount allowed to Debtors Rs.1‚000 3) Maintain a provision for bad debts @ 10% on debtors 4) Maintain a provision for discount @ 2% on debtors 3‚000 1‚000 2‚05‚000 Cr 10‚000 1‚800 Required: Pass the necessary journal entries and show
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asset). (2) Buying/selling goods on credit or for cash. Stock goes down by the cost value‚ Debtors/cash go up by the sales value‚ and the rest is profit. (3) Returning goods previously sold. Reverse of (2). (4) A debtor going bankrupt. Debtors go down by the value of the debt‚ bank goes up by the cash received and the rest is a bad debt (retained profit goes down). (5) A previously written off bad debtor decides to pay back their debt. Reinstate the debt (opposite of (4) ). (6) Revaluation of
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rank of 125. In such a large sized corporation the common problem is the Receivable Management and formulating a sound Credit Policy and Collection Procedure. In this fluctuating Oil Market it is very difficult to maintain the level of the Sundry Debtors and hence the Profitability. Moreover the Private Companies are entering the Oil Industry which
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of having anything to do with bill collectors or collection agencies. Considering an average savings cost of $0.50 on the dollar or less (Brinker)‚ creditors are still willing to negotiate debt settlement with debtors. When looking at the type of strategies that are imposed by either debtors or creditors to reach a negotiation‚ there needs to be collaboration between both sides. This allows for the two parties to reach a degree of assertiveness and cooperativeness that enables mutual goals to be
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damages. (1092a) (OBLIGATION FROM CRIME) Article 1162. Obligations derived from quasi-delicts shall be governed by the provisions of Chapter 2‚ Title XVII of this Book‚ and by special laws. (1093a) (OBLIGATION FROM QUASI-DELICT) Duties of the debtor Article 1163. Every person obliged to give something is also obliged to take care of it with the proper diligence of a good father of a family‚ unless the law or the stipulation of the parties requires another standard of care. (1094a) Article
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