We're Open
+44 7340 9595 39
+44 20 3239 6980

1. Develop a questionnaire and checklist that you would use for new clients to ensure you have collected all the necessary informa

  100% Pass and No Plagiarism Guaranteed

1. Develop a questionnaire and checklist that you would use for new clients to ensure you have collected all the necessary information regarding the business and their financial position

PFBPI - ONLINE ACTIVITY 1

 

Read the following information and provide the answers to the questions asked:

 

You work as a financial accountant who helps up and coming businesses expand. In your role you assist with advice on the financial options available to them and how to handle various key aspects of their business such as; working capital management, especially inventory, accounts receivable, loan structures and their legal obligations.

 

You have a new client, Mean Machines Pty Ltd who manufactures heavy haulage trucks. Some useful information about Mean Machine Pty Ltd follows.

 

  • The average truck costs $235,000 to manufacture and takes 10 weeks to manufacture.
  • Sale price of each truck is $434,000.
  • Account payable terms are 30 days.
  • Account receivable terms are 60 days.
  • There is currently $423,000 of accounts receivable outstanding for more than 90 days.
  • Mean Machines Pty Ltd is a family owned business.
  • Current level of overdraft is $1m @ 17.5% interest per annum
  • The company wishes to open an additional factory site in the next year and needs to raise $5m to fund this.
  • The current factory loan is $800,000 @ 12.5% interest over 30 years.
  • They wish to purchase 6 Mazda 2 cars @ $24,000 each in the next year for use in the business
  • Net annual turnover is $3.25m
  • Net asset worth is $7.5m
  • They have 960 employees from a variety of cultural backgrounds

 

Requirements:

  1. Develop a questionnaire and checklist that you would use for new clients to ensure you have collected all the necessary information regarding the business and their financial position.
  2. Suggest options on how Mean Machines Pty Ltd should manage their inventory in order to smooth out cash flow.
  3. Assess Mean Machines current factory loan. Would better loan options available to them? Provide suggestions and assess the interest savings from your suggestion.
  4. Explain different ways the company can fund their expansion. Provide examples and discuss what you would recommend and why.
  5. Identify legislation that the company would need to ensure they comply with? Give a summary and highlight key areas of importance.

 


100% Plagiarism Free & Custom Written,
Tailored to your instructions


International House, 12 Constance Street, London, United Kingdom,
E16 2DQ

UK Registered Company # 11483120


100% Pass Guarantee

STILL NOT CONVINCED?

View our samples written by our professional writers to let you comprehend how your work is going to look like. We have categorised this into 3 categories with a few different subject domains

View Our Samples

We offer a £ 2999

If your assignment is plagiarised, we will give you £ 2999 in compensation

Recent Updates

Details

  • Title: 1. Develop a questionnaire and checklist that you would use for new clients to ensure you have collected all the necessary information regarding the business and their financial position
  • Price: £ 89
  • Post Date: 2018-11-10T07:43:50+00:00
  • Category: Assignment
  • No Plagiarism Guarantee
  • 100% Custom Written

Customer Reviews

1. Develop a questionnaire and checklist that you would use for new clients to ensure you have collected all the necessary information regarding the business and their financial position 1. Develop a questionnaire and checklist that you would use for new clients to ensure you have collected all the necessary information regarding the business and their financial position
Reviews: 5

A masterpiece of assignment by , written on 2020-03-12

Oh my god! This writing company has saved me from so many bothering and figured out my problem in the best way possible. I am not fond of reading and when this book review was given to me as part of my coursework, I went into depression. But I must say, my writer came up with an amazing book review covering all the major aspects of the book nicely. I am waiting for other assignments to come so that I would come here again. The place is good and quite reasonable as well which makes it easy for me to manage my budget.
Reviews: 5

A masterpiece of assignment by , written on 2020-03-12

This is my second order which I booked recently at Insta Research. I just got my coursework completed expertly. Just waiting for good scores now.