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MAC3702 ASSIGNMENT 1 SEMESTER 2 - 2022
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FIN3702 Assignment 1 (COMPLETE ANSWERS) Semester 2 2024 (355803)- DUE 6 September 2024
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FIN3702 Assignment 1 (COMPLETE ANSWERS) Semester 2 2024 (355803)- DUE 6 September 2024 ; 100% TRUSTED Complete, trusted solutions and explanations.
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FIN3702 Assignment 1 (COMPLETE ANSWERS) Semester 2 2024 (355803)- DUE 6 September 2024 ; 100% TRUSTED Complete, trusted solutions and explanations.
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By: nqunqaasiphe • 2 year ago
some answers were wrong, esp theory
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MAC3702 ASSIGNMENT 1SEMESTER 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.
1
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