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CIMAPRA17-BA3-1 Exam - 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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Ashanti
3 months ago
Totally agree, all those factors play a role!
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Veta
3 months ago
Wait, why is Operating profit even listed here?
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Terry
3 months ago
Current assets and liabilities are key for this ratio.
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Onita
4 months ago
I think Payables days matter too!
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Louann
4 months ago
Definitely includes Inventories days and Receivables days.
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Corrinne
4 months ago
I think all three components—inventories, receivables, and payables days—are important for calculating working capital days, but I need to double-check that.
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Kayleigh
4 months ago
I feel like operating profit isn't relevant here, but I might be mixing it up with other financial ratios we studied.
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Justine
4 months ago
I remember practicing a question where current assets and current liabilities were involved, but I can't recall if they directly affect the working capital days ratio.
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Katina
5 months ago
I think inventories days and receivables days are definitely part of the working capital days ratio, but I'm not sure about payables.
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Buffy
5 months ago
The key is remembering the working capital formula - current assets minus current liabilities. So all those line items listed are definitely relevant. I'll work through it step-by-step to make sure I get the right answer.
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Jestine
5 months ago
Wait, does current assets and current liabilities also factor into this? I'm a bit confused on how all these different elements fit together. Better re-read the question carefully.
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Willie
5 months ago
Okay, I got this. Inventories, receivables, and payables days are all directly relevant to the total working capital days calculation. I'll make sure to double-check my work, but I feel confident I can nail this question.
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Maricela
5 months ago
Hmm, not sure about this one. I know working capital is important, but I'm a bit fuzzy on the exact formula and what factors go into it. Might need to review my notes before attempting this.
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Stefan
5 months ago
This looks like a straightforward question on working capital ratios. I'll focus on the key components like inventories, receivables, and payables days.
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Raul
5 months ago
This seems like a tricky one. I'll need to think through the partition key and throughput considerations carefully.
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Alease
5 months ago
I think I've got this. The key is to automate the process, so "Configure the exchange rate provider" and "Run the import currency exchange rate process" are the two options I would select. That should set up the system to automatically pull the latest exchange rates from the European Central Bank.
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Maryann
10 months ago
Working capital days, the only ratio accountants care about after breakfast, lunch, and dinner.
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Michel
8 months ago
E) Current liabilities
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Aleisha
9 months ago
C) Payables days
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Tyisha
9 months ago
B) Receivables days
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Micaela
9 months ago
A) Inventories days
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Carlee
10 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
10 months ago
Yes, it's crucial to have a good understanding of working capital management for accounting exams.
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Glen
10 months 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
10 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
11 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
9 months ago
That makes sense, it's about looking at the whole working capital picture.
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Xochitl
9 months ago
F) Operating profit
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Jacki
9 months ago
D) Current assets
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Juliann
9 months ago
Yes, current assets and current liabilities are also important for the total working capital days ratio calculation.
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Layla
9 months ago
E) Current liabilities
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Wilda
10 months ago
C) Payables days
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Amber
10 months ago
B) Receivables days
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Franchesca
10 months ago
A) Inventories days
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Nickolas
11 months ago
I believe D and F are not relevant for this calculation.
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Rebeca
11 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
11 months ago
I agree with Lizette, but I also think E is important.
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Lizette
11 months ago
I think A, B, and C are relevant.
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