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MAC3702 ASSIGNMENT 1 SEMESTER 2 - 2022

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MAC3702 ASSIGNMENT 2 SEMESTER 2 - 2022

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By: lindelahk4 • 2 year ago

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By: vsagole • 2 year ago

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By: nqunqaasiphe • 2 year ago

some answers were wrong, esp theory

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MAC3702 ASSIGNMENT 1
SEMESTER 2 - 2022

DUE DATE: 22 AUGUST 2022

, Question 1

The cash operating cycle is defined as the overall time-lag between the cash payment for
inputs and the cash receipts for output.

Which of the following statements represents the correct formula for the cash operating
cycle?

1. Work-in progress time-lag plus raw material time-lag plus finished goods time-lag plus
debtor’s time-lag minus creditor’s time-lag.

2. Debtor’s time-lag plus raw material time-lag, minus creditor’s time-lag plus work-in
progress time-lag minus finished goods time-lag.

3. Creditor’s time-lag plus debtor’s time-lag plus raw material time-lag minus work-in
progress time-lag minus finished goods time-lag.

4. Finished goods time-lag minus creditor’s time-lag plus debtor’s time-lag.



The cash operating cycle is defined as the overall time-lag between the cash payment for
inputs and the cash receipts for output, and is equal to Work-in progress time-lag plus raw
material time-lag plus finished goods time-lag plus debtor’s time-lag minus creditor’s
time-lag.




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