Essays Tagged: "Current liability"

Giant Store Case

The nature of "search for unrecorded liabilities" as a year-end substantive test for a client's current liability is to make sure they are not understated. Auditor can send out confirmation letter ...

(3 pages) 54 0 3.0 Jul/2005

Subjects: Businesss Research Papers > Case Studies

Working Capital Management

ital management is an integral part of business management. Working capital consists of a company's current assets and current liabilities. Working capital management is the management of cash, accoun ... short-term liabilities" (2005, para. 1).Working capital management is a very important part of the current business environment. Successful working capital management can reduce costs, utilize invent ...

(1 pages) 206 0 4.5 Oct/2006

Subjects: Businesss Research Papers > Accounting

Financial Case Analysis - Ratio Analysis

re ratio information from the mining industry as a whole but a small snapshot is provided below.The current ratio is low. Bethesda Mining's current ratios over the two years given indicate negative ne ... nses is not an attractive position in any industry. One factor in particular that is decreasing the current ratio is accounts payable. This item is rather high and is affecting the company's short-ter ...

(3 pages) 154 0 4.7 Nov/2006

Subjects: Businesss Research Papers > Accounting

Uhura Company

The pension obligation is considered a long-term liability.Uhura CompanyBalance Sheet31-Dec-07AssetsCurrent assetsCash $230,000Trading securities—at fair value $120,000Accounts receivable $357,00 ... $17,000 $340,000Inventories, at lower of averagecost or market $401,000Prepaid expenses 12,000Total current assets $1,103,000Long-term investmentsLand held for future use $175,000Cash surrender value ...

(3 pages) 19 0 3.7 Jul/2007

Subjects: Businesss Research Papers > Accounting


e greater is the need for financing and vice versa.Working capital refers to the difference between current assets and current liabilities.Working Capital = Current Assets - Current LiabilitiesCurrent ... usiness needs extra moneyInventory in the form of raw materials, work in progress and finished goodsCurrent liabilities typically consists ofAccounts payable or creditors (short term)Cash payments of ...

(8 pages) 0 0 0.0 Apr/2014

Subjects: Businesss Research Papers > Accounting


ANALYSIS OF PRINCIPLES OF WORKING CAPITALSIZE OF THE WORKING CAPITALSize of working capital=Current assets/ Total assets X 100Size of the working capital of ITC-PSPD Ltd during the year2010-20 ... 13. On overall low ratio indicates high profits.Size of Working Capital of ITC-PSPDSTRUCTURE OF THE CURRENT ASSETSStructure of the current assets in working capital of ITC-PSPD Ltd during the year 201 ...

(3 pages) 1 0 0.0 Aug/2014

Subjects: Businesss Research Papers > Accounting