3.3 Working capital
Working capital cycle
Define working capital and explain the working capital cycle
Prepare a cash-flow forecast from given information.
Management of working capital
Evaluate strategies for dealing with liquidity pr
3.5 Final accounts
Accounts for limited companies (income statements)
Profit and loss account
Explain purpose of accounts
Construct and amend accounts from information given.
Evaluate the importance
3.6 Ratio analysis
Gross Profit margin
Net profit margin
Acid test ratio
Return on capital employed (ROCE)
- Calculate ratios.