Rubic with export sales of $480m pa has an average collection period of 3 months, bad debts are 2% on sales.
A factoring company will provide non-recourse factoring for a fee of 5% of revenue. As a result of this, administration savings will be made of £8m p.a. and the credit period will fall to 2 months.
Rubic has a cost of capital of 10%, and the exchange rate is currently 2 $/£.
Requirements:
Answers submitted
Created by | Ref | Marking | Action |
---|---|---|---|
8598 |
1 / 5 | ||
8600 |
10 / 5 | ||
8022 |
3 / 5 | ||
7558 |
5 / 5 | ||
7456 |
2 / 5 | ||
7436 |
5 | ||
7094 |
5 / 5 | ||
7098 |
5 / 5 | ||
7102 |
5 | ||
7096 |
5 / 5 | ||
4684 |
5 | ||
6996 |
4 / 5 | ||
6768 |
5 | ||
6760 |
3 / 5 | ||
6666 |
5 | ||
6514 |
5 | ||
6444 |
4 / 5 |
- 1 of 2
- next ›