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CIMA Exam CIMAPRA17-BA3-1 Topic 1 Question 92 Discussion

Actual exam question for CIMA's CIMAPRA17-BA3-1 exam
Question #: 92
Topic #: 1
[All CIMAPRA17-BA3-1 Questions]

Which of the following are relevant to the total working capital days ratio calculation?

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Suggested Answer: B

by Lashaun at Jul 07, 2024, 07:31 PM

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Maryann
1 months ago
Working capital days, the only ratio accountants care about after breakfast, lunch, and dinner.
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Micaela
16 days ago
A) Inventories days
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Carlee
2 months ago
This is a classic accounting exam question. They're really testing if we understand the fundamentals of working capital management. I bet the answer is options A, B, C, D, and E.
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Freeman
22 days ago
Yes, it's crucial to have a good understanding of working capital management for accounting exams.
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Glen
25 days ago
I think you're right, it's important to consider all those factors when calculating the total working capital days ratio.
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Sunny
2 months ago
Operating profit? That's a bit of a curveball. I don't see how that would factor into the working capital days calculation. Unless they're trying to trip us up with that one!
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Clorinda
2 months ago
Wait, what about Current assets and Current liabilities? Aren't those kind of important too? I guess the ratio is looking at the whole working capital picture.
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Lynsey
3 days ago
That makes sense, it's about looking at the whole working capital picture.
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Xochitl
5 days ago
F) Operating profit
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Jacki
6 days ago
D) Current assets
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Juliann
16 days ago
Yes, current assets and current liabilities are also important for the total working capital days ratio calculation.
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Layla
17 days ago
E) Current liabilities
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Wilda
23 days ago
C) Payables days
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Amber
24 days ago
B) Receivables days
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Franchesca
1 months ago
A) Inventories days
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Nickolas
2 months ago
I believe D and F are not relevant for this calculation.
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Rebeca
2 months ago
Inventories days, Receivables days, and Payables days are definitely relevant to the total working capital days ratio calculation. Those are the key components of the cash conversion cycle, which is what the ratio is measuring.
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Lauran
2 months ago
I agree with Lizette, but I also think E is important.
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Lizette
2 months ago
I think A, B, and C are relevant.
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