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Accounting of Business - report

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Holmesglen Institute

   

HI5019 Strategic Information System assignment (HI5019)

   

Added on  2020-02-24

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HI5019 - The figure above analyses the percentage increase or decrease in cash collection. It can be seen that the cash collection in September has increased by 102% and in October the cash collection increased by 110%. The main reason for such an increase in cash collection in the month of September and October is the rapid increase in sales by 52% in the month of September and a 118% increase in sales in the month of October. 

Accounting of Business - report

   

Holmesglen Institute

   

HI5019 Strategic Information System assignment (HI5019)

   Added on 2020-02-24

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Running head: ACCOUNTING AccountingName of the StudentName of the University:Authors Note:
Accounting of Business - report_1
ACCOUNTING 1Table of ContentsAnalysis of cash collection..............................................................................................................2Analysis of the selling and administration expenses.......................................................................4Reference.........................................................................................................................................6
Accounting of Business - report_2
ACCOUNTING 2Analysis of cash collectionIn business, maintaining an appropriate level of cash flow forms an important part ofworking capital management. The business is expected to maintain an appropriate level ofliquidity so that it can function efficiently (Brigham & Ehrhardt, 2013). In order to achieve theobjective of maintaining an appropriate level of cash flow it is important to analyses thecollection of cash. AUGSEPOCTNOVDECJANFEBMARAPRMAYJUNJUL0100020003000400050006000700067213562842410050805300556060806090532054005760Cash CollectionFigure 1: Cash Collection(Source: created by Author)The figure above indicated the schedule for collection of cash of the company. It can beseen that the cash collection of the company has steadily increased from August to march. Thenin April, the cash collection remained the same as March and in May, the collection declined.The figure shows that the cash collection again recovered in the month of July.
Accounting of Business - report_3

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