- •Exercise 1.
- •Exercise 2.
- •Exercise 3
- •Information about structure of Current Assets and sources it’ financing
- •Exercise 4
- •Exercise 5
- •Exercise 6
- •Exercise 7
- •Table 1 Measuring the value of a capital:
- •Table 2 Calculating the average value of capital
- •Exercise 8
- •Table 1 Calculation the level of financial profitability of enterprise in different variants of the structure of the capital
- •Exercise 9
- •Guiven data
- •Calculation the average value of capital in different variants of capital structure
- •Exercise 10
- •Exercise 11
- •Table 1 Calculation of level of operational, financial, combined leverage and it’s influence on level of financial profitability of enterprise
- •Exercise 12
- •Table 1 Calculating the credit costs in a bank “a” compared to Market terms
- •Exercise 13
- •Calculation the additional net cash flow of real investment project
- •Exercise 14
- •Table 1 Analysis of changes balance indicators.
- •Table 2 Розрахунок обсягу чистого грошового потоку підприємства з операційної діяльності.
- •Exercise 15
- •Table 1 Аналіз джерел формування та напрямків використання грошових коштів підприємства.
- •Table 2 Balancing Cash Flows analysis and analysis of effective it’s management
- •Exercise 16
- •Table 1 Calculation the main ways spending cash flows in operational activity
- •Calculation the level, synchronized and effectiveness of management cash flow
- •Exercise 17
- •Table 1 Cash Flow Plan in the next to Current period
Exercise 1.
Please, evaluate financial state of enterprise and create propositions to improve it, according to financial reports. In this case you have:
To evaluate solvency of enterprise in current period;
To evaluate level of financial stability in current period;
To evaluate level of business activity in current period;
To analyze the level of profitability in current period;
To evaluate the influence of Return on Sale and Asset Turnover indicator to level of Return on Assets with the help of DUPON model;
To make analytical report with recommendations to improve financial state of enterprise according to calculations.
Exercise 2.
Executive managers of a company have evaluate possibilities formation financial resourses for the next year. So, financial department got the task to create the plan of Revenues and Costs and Balance Plan (according to reports of Ex 1 and additional information of planned operations).
Exercise 3
Evaluate the policy Current Assets Management and create ways to improve it according to information of state of current assets and sources it’s financing. In this case you have:
To evaluate the structure of current Assets in time.
To evaluate the main indicators measuring of efficacy Current Assets Management.
To evaluate the structure of sources financing Current Assets.
To evaluate the level sufficient of sources financing Current Assets.
To investigate the type of Current financial stability of enterprise with the Kovalev method.
Information about structure of Current Assets and sources it’ financing
Thousands UAH
-
Indicator
1.01.09
1.01.10
1.01.11
Not-Current Assets
1000
1500
1800
Manufacturing supplies inventories
800
900
1200
Current Receivables
600
650
750
Funds
100
120
130
Owner’s equity
1100
1200
1300
Long term loan capital
300
500
700
Current Bank Loans
400
600
880
Current accounts payable of commercial agreements
500
600
700
Current accounts payable of calculations
200
280
300
Exercise 4
Alternative value using funds are 12%.
A company sale goods on conditions “netto/10, end of month”. Income is 10 mln UAH, 80% of sales a made in credit terms. The average period of turnover Current Receivables is 60 days.
If the company propose new credit terms “2/10, netto 30”, 60% it’s buyers that use credits will take a discount and average period of turnover Current Receivables will be 40 days.
Does it worth to change the credit terms?