Submit Your Question

Answering Assignment Homework Questions

High Quality, Fast Delivery, Plagiarism Free - Just in 3 Steps

Upload Questions Details and Instructions:

Select Assignment Files


Plagiarism-Free Answers

Assignment solution along with originality report.

Answers From Qualified Tutors

Get assignment answer help by skilled & qualified tutors.

Best Price Guarantee

Friendly pricing & refund policy.

Case Study Help reviews

MBA Accounting Theory Assessment Answers | ROME BUSINESS SCHOOL

MBA – Master of Business Administration Accounting Assessment

Searching for MBA Accounting Theory Assessment Answers? Get Case Study Answers on MBA Accounting Theory (ROME BUSINESS SCHOOL). We Provide Financial Accounting Assignment Help, Accounting Assignment Help & MBA Assignments Helper from Masters and PhD Expert at affordable price? Acquire HD Quality research work with 100% Plagiarism free content.


Assessment Details:

Module: Accounting

Section B: Theory

Length of Assessment: 14 Days

Percentage of final grade given: 80 points


Question 1.

A company’s sales for 2019 were N500 million and its total Trade Receivables for that year was N60 million.

Assumptions are:

  1. All Sales were made on credit terms.
  2. There are 365 days in the year.


  1. Calculate its Debt collection period.
  2. Comment on its efficiency


Question 2

EZ Enterprises has the following results for the period ended 31st December 2018.

  1. Sales revenue: N20 million
  2. Opening inventory N750,000.00
  3. Purchases: N10 million
  4. Closing Inventory: N2 million



  1. Cost of Sales
  2. Gross Profit


Question 3

For each of the following situations state their effects on a Company’s Cash Balances with a


  1. A Bonus Issue of Ordinary shares at the year end.
  2. A Director’s sale of a large chunk of her shares on the floor of the Nigeria Stock Exchange
  3. Depreciation charge for the year for Motor Vehicles.
  4. Purchase of Inventory from an authorized vendor on Credit
  5. Proceeds from the Disposal of an old Generator
  6. A decrease in Trade Receivables
  7. A decrease in Trade payables
  8. The relocation of a New generator to another office within the premises
  9. Fixed term deposit placement with a bank
  10. Deployment of a new Accounting Enterprise software during the year


Question 4

If a business is over trading, do you think the following ratios would be HIGHER or LOWER than normally expected?

Include short explanations with the answer.

  1. Current Ratio
  2. Settlement Period for Trade Payables
  3. Settlement period for Trade Receivables


Question 5

N,000 N,000
Bank Balance 300
Sales 500
Stationery and office supplies expenses 35
Generator maintenance expenses 40
Other Administrative expenses 20
Furn & Equip at cost 250
Accum Dep at 1st Jan 2019 50
Purchases 100
Opening Inventory 105
Ordinary Share capital 300
Trade Receivables 100
Trade Payables 100
950 950



Reference ID: #getanswers2001256


Get This Answer for Study Help

If you need study assistance with writing your questions and answers, our professional assignment writing service is here to help!


Content Removal Request

If you are the original writer or copyright-authorized owner of this article and no longer wish to have, your work published on, then please Request for removal of this content.