Workshop 20 Answer
If the profit margin is 8% on 10,000, then the profit figure is 800,
which means that the cost is 9,200.
So, on the date of the transaction the company will invoice its
customer in A$ and the exact amount will be 10,000 x A$1.50 =
CMTP 15 answer
Many more points were put forward and discussed by the students in the
tutorial and these are some extra points:
Answer should address the following points:
Definition of credit scoring: Any quantitative method, technique or
CMTP Workshop 2
Discussion of article (provided): the importance of working capital.
Discussion revolves mainly around the importance of working
capital management and credit management in a turbulent
economic environment such as the current one.