We are here with you hands in hands to facilitate your learning & don't appreciate the idea of copying or replicating solutions. Read More>>

Looking For Something at vustudents.ning.com? Click Here to Search

www.bit.ly/vucodes

+ Link For Assignments, GDBs & Online Quizzes Solution

www.bit.ly/papersvu

+ Link For Past Papers, Solved MCQs, Short Notes & More


Dear Students! Share your Assignments / GDBs / Quizzes files as you receive in your LMS, So it can be discussed/solved timely. Add Discussion

How to Add New Discussion in Study Group ? Step By Step Guide Click Here.

Assignment No. 1
Due Date: 30th-July-2018

Marks: 10


Learning Objective:
The purpose of this activity is to develop skills in students related to debtor administration in
working capital management.

Learning Outcome:
This activity will help students to learn how offering discount to debtors can help reducing debtor
administration cost of any company.

Question:
A manufacturing company has decided to reduce its average collection period. The current sales
level is Rs. 25 million and existing credit terms are 45 days. The existing volume of debtors is Rs.
3,125,000. The company is intending to offer discount to its existing customers for early recovery
of accounts receivable. Department for debtor administration is working out discount level that
must be offered to debtors for early payment. Following two proposed plans are under
consideration:

Plan A: Offer 5% discount to customers if they pay within 7 days. According to estimates,
45% of customers will avail this opportunity.

Plan B: Offer 2% discount to customers if they pay within 15 days. According to estimates,
60% of customers will avail this opportunity.

Requirement: If Return On Investment (ROI) of the company is 25%, calculate the net
saving/loss under each proposed discount policy and advise which policy should be accepted?
(Assume 360 days a year)

Important Instructions:
24 hours extra / grace period after the due date is usually available to overcome uploading
difficulties. This extra time should only be used to meet the emergencies and above mentioned
due dates should always be treated as final to avoid any inconvenience.
OTHER IMPORTANT INSTRUCTIONS:
Please also read the following instructions carefully before attempting the assignment solution.
DEADLINE:
• Make sure that you upload the solution file before the due date. No assignment will be
accepted through e-mail after due date once the solution has been uploaded by the
instructor.
FORMATTING GUIDELINES:
• Use the font style “Times New Roman” or “Arial” and font size “12”, double spaced.
• It is advised to compose your document in MS-Word format.
• You may also compose your assignment in Open Office format.
• Use black and blue font colors only.
RULES FOR MARKING:
Please note that your assignment will not be graded or graded as Zero (0), if:
• It is submitted after the due date.
• The file you uploaded does not open or is corrupt.
• It is in any format other than MS-Word or Open Office; e.g. Excel, PowerPoint, PDF etc.
• It is cheated or copied from other students, internet, books, journals etc.
Note related to load shedding: Please be proactive
Dear students,
As you know that semester activities have been started and load shedding problem is also
prevailing in our country nowadays. Keeping in view the fact, It is requested to all of you to
manage to post your activities as early as possible and don’t wait for the due date. For your
convenience activity schedule has already been uploaded on VULMS for the current semester,
therefore no excuse will be entertained after due date of assignments, quizzes or GDBs.

+ How to Follow the New Added Discussions at Your Mail Address?

+ How to Join Subject Study Groups & Get Helping Material?

+ How to become Top Reputation, Angels, Intellectual, Featured Members & Moderators?

+ VU Students Reserves The Right to Delete Your Profile, If?


See Your Saved Posts Timeline

Views: 1008

.

+ http://bit.ly/vucodes (Link for Assignments, GDBs & Online Quizzes Solution)

+ http://bit.ly/papersvu (Link for Past Papers, Solved MCQs, Short Notes & More)

+ Click Here to Search (Looking For something at vustudents.ning.com?)

+ Click Here To Join (Our facebook study Group)

Replies to This Discussion

need sol please anyone upload sol

any idea????

today is last day of submition please anyone help

laraib ap ka course kn sa ha?

tehreem ap ka course kn sa ha

kindly share the FIn622 assigment solution 1 due date 30 july 2018

abi tk ksi ny help ni ki

thanks alot

Here is the solution of 1st assignment

Attachments:

thanks alot

han please

RSS

Latest Activity

+ "αяsαℓ " Ќąƶµяɨ •" replied to + " J ɨ y α •" ⋆'s discussion Let's celebrate the Birthday of our Beloved Mod + "αяsαℓ " Ќąƶµяɨ •"
4 minutes ago
+ "αяsαℓ " Ќąƶµяɨ •" replied to + " J ɨ y α •" ⋆'s discussion Let's celebrate the Birthday of our Beloved Mod + "αяsαℓ " Ќąƶµяɨ •"
5 minutes ago
Kanwal posted a photo
5 minutes ago
+ ! ❤SΕNSΙТΙVΕ(∂ΕSΕЯТ ΡЯΙNCΕSS)❤ replied to ملالٖ یار's discussion Who can save u ?
8 minutes ago
+ ! ❤SΕNSΙТΙVΕ(∂ΕSΕЯТ ΡЯΙNCΕSS)❤ liked ملالٖ یار's discussion Who can save u ?
9 minutes ago
Nishat liked + ℱȺℋ££M ᏕȺQǐβ's discussion ╰☆╮Mid Term Papers Solving Techniques During Paper Do These Steps╰☆╮
21 minutes ago
haniya liked + M.Tariq Malik's discussion MTH401 All Current Mid Term Papers Fall 2019 (14 to 26 December 2019) & All Solved Past Papers, Solved MCQs & Helping Material
22 minutes ago
Zulfiqar Ali posted a status
"plz any body share edu 430 past papers"
24 minutes ago
Esha mirza liked Alishba's discussion Nikkah Mubarak To <3 !! 'JS' !! <3
26 minutes ago
Esha mirza liked + ℱȺℋ££M ᏕȺQǐβ's discussion ╰☆╮Mid Term Papers Solving Techniques During Paper Do These Steps╰☆╮
26 minutes ago
Esha mirza liked Hunter's discussion لوگ پتھر مارنے آئے
26 minutes ago
Esha mirza liked + " J ɨ y α •" ⋆'s discussion Let's celebrate the Birthday of our Beloved Mod + "αяsαℓ " Ќąƶµяɨ •"
27 minutes ago

© 2019   Created by + M.Tariq Malik.   Powered by

Promote Us  |  Report an Issue  |  Privacy Policy  |  Terms of Service

.