Limited-time offer! Save up to 50% Off | Solutions starting at $6 each  

Accounting of Business

Added on - 24 Feb 2020

Trusted by +2 million users,
1000+ happy students everyday
Showing pages 1 to 3 of 7 pages
Running head: ACCOUNTINGAccountingName of the StudentName of the University:Authors Note:
ACCOUNTING1Table of ContentsAnalysis of cash collection..............................................................................................................2Analysis of the selling and administration expenses.......................................................................4Reference.........................................................................................................................................6
ACCOUNTING2Analysis 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.
desklib-logo
You’re reading a preview
Preview Documents

To View Complete Document

Click the button to download
Subscribe to our plans

Download This Document