By the end of this Unit the candidate should be able to:
Calculate the level of working capital in a business.
i.e. Identify current assets and liabilities and calculate the working capital.
Identify and explain the dangers of over trading.
i.e. Identify and explain the potential risks presented by low or negative levels of working capital.
Understand the effects on cash flow of external and internal events and actions.
i.e. Demonstrate the effects of:
Debtors taking extra credit, an increase in bad debts, receiving payment by credit card, the loss of discount received, allowing cash discounts, factoring debts, using purchase and lease back or HP (Hire Purchase) for the purchase of fixed assets, slow moving stocks, over-stocking and obsolete stock.
Calculate an approximate APR.
i.e. Calculate an approximate APR from a given cash flow or HP scheme in order to be able to compare rates and make finance choices.
Pre-requisites
The good news is that no prior learning knowledge or experience is essential to take this course. This course is openly available to anyone wishing to learn more about being a sales executive and would like to take part in a highly rewarding home study course.
You have the freedom to start the course at any time and continue your studies at your own pace.
Support
As an AAS Training student you will have your very own personal tutor helping you with your course work and with any questions you may have. You can contact your tutor by email for all the practical advice you may need – so we really are with you 100%.
What's more you'll have access to the AAS Training online Student Community where you can interact with other students, browse our resource library and manage your account.
Assessment
A certificate is gained by successfully completing a series of assignments.
Online
Any questions about the course? Call Free 08000 75 8000