DEEPER INTO MANAGEMENT ACCOUNTING
Across
- 4. The working capital requirements of a firm depends, to a great extent upon the ________ cycle of the firm
- 6. the ratio analysis of key elements of operating expenses, including the working capital ratio, ______ ratio, and the inventory turnover ratio.
- 7. A working capital policy is called an ________ policy if the firm decides to finance a part of the permanent working capital by short term sources.
- 9. reason for ______ cash as creating the ability for a firm to take advantage of special opportunities that if acted upon quickly will favor the firm
- 12. Current liabilities are those liabilities which are intended, at their inception, to be paid in the ordinary course of business, within a_______, out of the current assets or the earnings of the concern
- 13. An important aspect of a working capital policy is to maintain and provide sufficient ___________to the firm
- 14. ____________ assets refer to those assets which in the ordinary course of business can be, or will be, converted into cash within one year without undergoing a diminution in value and without disrupting the operations of the firm
- 15. The basic calculation of the working capital is done on the basis of the __________ current assets of the firm.
Down
- 1. The working capital need can be bifurcated into ________ working capital and temporary working capital
- 2. Holding cash as a ____________ serves as an emergency fund for a firm.
- 3. The inventory turnover ratio calculated as _______ divided by inventory cost, reveals how rapidly a company's inventory is being sold and replenished.
- 5. According to _______ approach, the maturity of the sources of the funds should match the nature of the assets to be financed.
- 6. ________ approach suggests that the estimated requirement of total funds should be met from long term sources
- 8. Float is calculated by subtracting the ______ balance from the bank balance
- 10. Another factor affecting working capital management other than cash conversion cycle is __________ policy of the firm
- 11. ________ capital management is concerned with the problems that arise in attempting to manage the current assets, the current liabilities and the interrelations that exist between them.