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Change in debtors is a working capital change which will reflect under operating cash flow. Here, the change in the debtors decrease in debtors by Rs.10,000 (opening Rs.50,000 less closing Rs.40,000). A decrease in current assets (here debtors) indicated the decreased cash blockage or recovery of cash from debtors. This will be taken as an implicit inflow under Working Capital changes.
Which of the following statements is true about Treasury Bills (T-Bills)?
Which of the following global financial centers is known for its Islamic finance and Shariah-compliant products?
ABC Company extends credit terms of 45 days to its customers. Its credit collection would be considered poor if its average collection period was
Identify the scenario that exemplifies the bandwagon effect:
According to the Union Budget 2023-24, consider the following statements regarding Cooperation:
1. New co-operatives that commenc...
Which among the following is a numerical measurement that is used to predict the chances of a business going bankrupt in the next two years.
In which of the following locations is the international Gateway for SWIFT situated?
What is the primary regulatory body responsible for overseeing financial institutions in Hong Kong?
The Unified Payments Interface (UPI)-like system developed by NPCI International Payments Limited (NIPL) will be implemented in which country following ...
Current rate of interest equalization under Interest Equalization Scheme for Pre and Post Shipment Rupee Export Credit, for MSME Manufacturer Exporters ...
